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Largan Precision reports 29 percent revenue growth in first quarter
Largan Precision Co., a Taiwanese smartphone camera lens manufacturer, reported a 28.87% year-on-year increase in Q1 consolidated revenue, reaching NT$14.58 billion (US$438.81 million), surpassing forecasts. However, revenue fell 19.4% from the previous quarter due to seasonal trends. The company is also exploring lens designs for humanoid robots and factory automation, expanding its focus beyond smartphones.
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