Largan Precision Co Ltd: Segment Analysis

Largan Precision Co Ltd (Largan) designs, manufactures and markets optoelectronic components and optical lens modules. The company markets its products to major mobile phone manufacturers in Europe and Asia. The company classifies its product portfolio into five categories: Cellphone / NB Lens, Webcam Lens, Car Lens, Camera Lens, and Scanner Lens.

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Largan’s R&D arm aims to focus on developing future product trends and co-develop products in mobile phone camera lenses. The company plans to diversify R&D team, add new product lines, product range, and enhance the scale and quality of products. It plans to commit for the development of other product applications and enhancement of manufacturing capabilities to maintain long-term competitiveness in the industry. Largan intends to collaborate with major international companies to focuses on new technological research. In FY2022, the company incurred an expenditure of TWD4,153 million on its R&D efforts, which as a percentage of revenue stood at 8.7%.