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Largan Precision To Gain Orders From Samsung Electronics Anew

Largan Precision Co popularly known as a camera lens manufacturer to gain orders for Samsung Electronics Co’s high-end smartphones like the S10 Note series and the upcoming S11 according to Citigroup Global Market.

Largan rival company Sunny Optical Technology Group Co enters the handset lens supply chain of Apple Inc, but still Largan has still the “buy” recommendation when it comes to shares.

“We believe that investors underappreciate Largan’s share gained in Samsung’s premium model. Samsung should make up 10 to 20 percent of Largan’s revenue between the fourth quarter of 2019 and the first half of 2020,” according to Citigroup.

With continued upgrades to handset camera specifications in terms of multi-camera setups, multi-lens designs, resolution, aperture and periscope-type lens structure, Largan’s revenue forecast to increase.

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