Revenue growth of 2.59% reported by Largan.
Largan Precision Co, a leading supplier of high-end camera lenses to tech giants like Apple, Samsung, Xiaomi, and Huawei Technologies Co, is set to provide an update on its financial performance and development progress at an investors' conference on Thursday.
The Taiwan-based company is expected to reveal its earnings results for the second quarter, which saw a 7.03% year-on-year increase in revenue to NT$11.76 billion, marking the highest second-quarter revenue in five years. However, the sequential decline in second-quarter revenue was due to seasonal factors, according to Largan executive officer Adam Lin. The second-quarter revenue fell 19.32% from the first quarter's NT$14.58 billion.
Looking ahead, Largan is expected to discuss potential camera lens orders for new handset models and give sales guidance for the third quarter at the conference. Yuanta Securities Investment Consulting Co forecasts Largan's third-quarter revenue to grow 52% sequentially to NT$17.9 billion.
Factors influencing Largan's Q3 revenue include the growth of the global camera lens market, expected to reach USD 6.15 billion in 2025 with a compound annual growth rate (CAGR) of 7% through 2032. The increasing adoption of multi-camera setups in smartphones could drive greater lens sales volume for companies like Largan Precision.
Market trends in smartphone camera technology, such as the increasing integration of multiple camera lenses, also bode well for Largan. Meanwhile, foreign exchange effects, macroeconomic conditions, and semiconductor industry trends could impact revenue either positively or negatively.
Despite the forecasted growth, Largan's third-quarter revenue is expected to be 6% lower than the same quarter last year due to slower handset sales. The decline in second-quarter revenue also came as orders from Samsung Electronics Co and Xiaomi Corp for their flagship models ended in the first quarter.
Largan's cumulative revenue for the first half of this year was NT$26.25 billion, a 17.73% increase from the same period last year. The company is expected to provide an update on its progress in the humanoid robot sector, such as high-precision visual recognition products.
While a precise Q3 revenue figure is not available, Largan Precision Co is positioned for potential revenue growth in Q3 2025 driven by strong demand in the camera lens market and trends in smartphone camera technology. Currency fluctuations and global economic factors remain key variables influencing the actual results.
At the investors' conference, Largan Precision Co is expected to discuss potential camera lens orders for new handset models and provide sales guidance for the third quarter, with Yuanta Securities Investment Consulting Co forecasting a 52% sequential increase, reaching NT$17.9 billion. Additionally, the company may delve into the progress of its humanoid robot sector, such as high-precision visual recognition products, highlighting potential growth opportunities in the finance sector.
