Largan’s Resiliency Continues To Be Overlooked by the Market

Largan Precision is the world's second-largest producer of optical lenses by volume. Its core competency lies in the production of plastic lenses, which is widely used in smartphone cameras. Largan has accumulated 30 years of experience in plastic lens design and been a key beneficiary of the boom in smartphone demand since the first iPhone was launched in 2007. Between 2011 and 2021, Largan’s revenue grew at an impressive CAGR of 11.3%, enabling it to build a commanding market share of about 25%. The company has been able to maintain a strong hold on clients by focusing on new products. And as the main supplier of high-end camera lenses, we believe Largan boasts leading lenses design technology, allowing it to introduce 7P, or 7 Plastic, 8P, and 9P lenses set ahead of peers.