|Day's Range||4,920.00 - 5,010.00|
|52 Week Range||2,780.00 - 5,070.00|
|PE Ratio (TTM)||28.16|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Largan Precision's (3008.TW) March sales may have disappointed but analysts say any dip in the share price is an opportunity to buy. The Taiwanese company, which is expected to ride the boom in multi-camera smartphones, reported a 5% month-on-month increase in sales. First quarter sales of TWD10.9 billion were down 31% quarter-on-quarter, but up 31% year-on-year.
Taiwan’s central bank, fearful of being labelled a currency manipulator by U.S. President Donald Trump, has pulled back on intervention to weaken the Taiwan dollar, making it Asia's second best-performing currency in 2017. A central bank official told Reuters the currency movement was directly related to the bank not intervening so much in the foreign exchange markets.
Taiwan shares rose after two sessions of losses as investors snapped up beaten-down stocks such as smartphone maker HTC Corp. The main TAIEX index rose 0.2 percent to 8,958.11 points, as of 0253 GMT. It ...