OFweek Optics Network · News·· 25 days agoPicksAI score61
Optics industryOptics and AILargan Precision Buys Land Seven Times in Three Months, Spending CNY 8 Billion on CPO Fiber Arrays
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On September 17, Largan Precision spent CNY 1.172 billion to acquire about 2,259 ping of land and 3,695 ping of buildings in Nantun, Taichung. This was its seventh real estate transaction since late June, bringing the total to CNY 8.078 billion. Chairman Lin Enping confirmed in July that the company had received its first fiber array order from a customer, with the land purchases paving the way for mass production in 2027.
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The original article gives the pace and value of the land purchases, showing the scale of the smartphone lens leader's bet on CPO fiber arrays
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Source: OFweek Optics Network · News · optics.ofweek.com