Largan expects one quarter delay in shipments due to component shortages

largan expects one quarter delay in shipments due to component shortages

Sumary of Largan expects one quarter delay in shipments due to component shortages:

  • Smartphone-use lens module maker Largan Precision expects delays of at least one month for its shipments due to short supply of CMOS image sensors and application processors, according to company CEO Lin En-ping..
  • But the delays in Largan’s shipments will not result in changes to its product pricing that has already been set in the contracts with clients, Lin indicated..
  • Due to the components shortages, Largan expects April consolidated revenues to decline sequentially and the impact will remain in May, Lin said..
  • While 7P lens modules have been increasingly adopted for smartphone models, 8P models require stricter technological specifications for the time being, Lin noted, adding 9P ones are in design-in process but may not be adopted in 2021, Lin indicated…

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