Samsung decreases camera lens orders by 30% for 2020: An organization called Largan Precision, which specializes in supplying lens modules for smartphones, has released its financial report for April, as well as expectations for the upcoming quarter. According to the data, the monthly decline in smartphone camera orders is 14%, while on an annual basis it is about 6%.
The predictions for the April-June period of 2020 are unclear. Samsung has reduced its orders by 30%, Oppo has done the same, while Xiaomi remains at “only” a 10-20% reduction. At the same time, industry insiders claim Huawei has actually increased its orders by about 5-10%, which is due to the stabilization of the domestic market where Huawei is the undisputed leader .
Largan estimates that this will lead to sluggish revenues ahead of May, even though the January-April figures are worth NT $ 17.9 billion (about $ 600 million), or about 20% more than four that last month.
