UPDATED. 2024-06-21 07:30 (금)
Haesung to exit camera and lens businesses
Haesung to exit camera and lens businesses
  • Gijong Lee
  • 승인 2021.09.10 08:05
  • 댓글 0
이 기사를 공유합니다

Firm to focus on OIS
Image: Haesung Optics
Image: Haesung Optics

Haesung Optics said on Thursday that it will exit its camera module and lens businesses.

It will focus its efforts on optical image stabilization (OIS) and actuators, the firm said.

Back in May, Haesung had said it plans to sell its camera module business while it will reduce its lens operation.

But it is now planning to end its lens business as well.

The company said its local customer __ referring to Samsung Electro-Mechanics __ usually makes high-end camera modules but a local conglomerate __ meaning Samsung __ is expanding its focus on mid- to low-end phones.

This has caused orders for high-end camera modules to decline, Haesung explained.

On why it was exiting its lens business, the company said Chinese and Taiwanese companies were using their superior production capacity and patents to expand their supply to a South Korean conglomerate.

This has caused Haesung to lose orders and record large operating losses, it said. 

The company will use the funds from selling the two businesses to focus on its OIS business.

It will also secure 27 billion won through a share offering, the firm added.

삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2024 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr