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Lens maker Largan bullish on new iPhone camera demand

Taiwanese supplier beats smartphone slowdown, but China rivals loom

TAIPEI -- Largan Precision, the world's leading smartphone camera lens supplier, foresees continued growth this quarter, supported by the start of orders for the upcoming iPhones and the demand from Chinese clients like Huawei Technologies and Xiaomi.

The earnings outlook for the Taiwanese manufacturer rests on the increasing number of lenses in phone cameras, which counteracts the slowdown in handset sales. 

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