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Apple iPhone 14 lens supplier Yu Jingguang posts November revenue of NT$1.979 billion

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Apple iPhone 14 supply chain manufacturer Yu Jingguang financial data show that in November 2022, Yu Jingguang achieved revenue of 1.979 billion NTD (about 453 million yuan), a 14.48% decrease from the previous year, an increase of 2.81%.

In the first November of this year, Yujingguang’s cumulative revenue was NT$17.762 billion (approximately RMB 4.067 billion), a year-on-year increase of 19.17%. Yu Jingguang said that customer demand slowed down slightly in the fourth quarter, resulting in lower revenue than the third quarter, but as customers have new product application needs such as VR, future operations are still viewed positively.

In comparison, Yujingguang’s revenue in October 2022 will be NT$2.314 billion (approximately RMB 530 million), a year-on-year increase of 17.7% and a month-on-month decrease of 15.3%, setting a record high for the same period of time.

In addition, the legal person said that the iPhone 15 series that Apple will launch next year is expected to introduce periscope lenses on mobile phone camera lenses for the first time, and optical lens manufacturers such as Largan and Yujingguang will benefit.

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