The lost king of stocks, Largan pays 1.805 million yuan for a full year



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Taiwan stocks are closed to new highs today and they are so bullish. During the entire year 2020, they will increase 2,735.39 points, or 22.8%; however, Wang Da Liguang’s shares bucked the trend and plummeted 1,805 yuan, or 36.1%, which is equivalent to holding Da Liguang for a whole year. He lost NT $ 1,805 million.

It can be said that Largan shareholders have been a pretty lonely year this year. Despite the stormy waves in 2020, Taiwan’s stocks are still in awe and set many new records. The index also set a perfect record under the leadership of TSMC, the country’s protector, and closed at 14,732.53 points. .

Among the shares of the three kings of Taiwan, TSMC rose 60.12% and stole the spotlight. Although Hon Hai has been depressed for most of the year, at least the last two months have been influenced and the year is up 1.32%, hitting the positive growth train, but the larger Liguang broke the trend and plummeted as much as 36.1%. He was the worst king of actions. Shareholders could only cry to themselves, hoping to reverse and win next year.

Largan is a major supplier of mobile phone lenses, with a broad customer base, and the overall performance of the mobile phone market directly affects operations; the 2020 epidemic will seriously affect mobile phone sales. According to IDC estimates, mobile phone sales in 2020 will be just 1.2 billion, a decrease of 11.9%.

The decline in the global mobile phone market, especially hampered sales of high-end mobile phones, and the lack of orders from Huawei are the main reasons for the headwinds of Largan’s operations this year. Although the iPhone 12 performed relatively well, it still couldn’t reverse Largan’s annual drop in operations.

IDC estimates that mobile phone sales will reach 1.35 billion units in 2021, an annual increase of 12.5%, and sales will rebound in double digits. Legal entities generally believe that the recovery in mobile phone sales is a positive factor for Largan.

Looking ahead to 2021, if Largan can drive the overall demand for mobile phones to grow with 5G and then regain its glory, the market is in for it and legal entities have high expectations. Largan is expected to hold an online legal talk on January 7 next year The company’s information, along with the new specifications of the major mobile phone brands next year, will become the most important trend of the factories of optical lenses.

(Author: Han Tingting; first map Source: Science and Technology Daily News)





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