Where is Largan's new factory located?

It is located at No. 19, Gongyequ 21st Road, Nantun District, Taichung City, on Wenshan Section land.

What was the total acquisition cost?

The total cost for land and buildings was NT$628,262,250.

Who approved this transaction?

The Chairman approved it under internal authorization authority.

Why is Largan expanding now?

This is a strategic investment anticipating rising demand for optical components from smartphone high-resolution trends and autonomous vehicles.

What market impact does this transaction have?

Capital expenditure by a major supplier like Largan serves as an indicator of industry confidence.

3008 Largan Precision Acquires Real Estate in Taichung's Nantun District

AI Summary (NQ-processed)

Largan Precision announced the acquisition of land and buildings in Taichung's Nantun District for approximately NT$628.26 million, aiming to meet future production capacity expansion needs. The transaction was approved by the Chairman under internal authorization.

AI Analysis

Frequently Asked Questions

Q: Where is Largan's new factory located?: A: It is located at No. 19, Gongyequ 21st Road, Nantun District, Taichung City, on Wenshan Section land.
Q: What was the total acquisition cost?: A: The total cost for land and buildings was NT$628,262,250.
Q: Who approved this transaction?: A: The Chairman approved it under internal authorization authority.
Q: Why is Largan expanding now?: A: This is a strategic investment anticipating rising demand for optical components from smartphone high-resolution trends and autonomous vehicles.
Q: What market impact does this transaction have?: A: Capital expenditure by a major supplier like Largan serves as an indicator of industry confidence.