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NEWS TAGGED YOUNG OPTICS
Monday 4 March 2024
After missing out on AI Pin and MR products, Young Optics relies on niche business opportunities to survive in 2024
Affected by a shrinking consumer market, Young Optics experienced a significant drop in revenue and profits in 2023, and the struggles have continued in 2024. New star products failed...
Tuesday 25 April 2023
Young Optics remains in the red
Optical component and module maker Young Optics has reported net losses for the second consecutive quarter in the first quarter of 2023, as its customers for pico projectors, image...
Monday 13 February 2023
Young Optics expects 1Q23 shipments to slip sequentially
Young Optics expects overall shipments in the first quarter of 2023 to decrease significantly on quarter because clients for pico-projection optical modules, imaging optical components...
Tuesday 26 July 2022
Young Optics gearing up for metaverse device boom
Optical component and module maker Young Optics expects to kick off shipments for metaverse device applications between the end of 2022 and early 2023.
Thursday 28 April 2022
Young Optics expects strong demand for pico-projection engines and car-use lens modules in 2Q22
Young Optics expects demand for pico-projection engines and lens modules used in automotive cameras remains strong in the second quarter of 2022, while lens modules used in 3D printing...
Tuesday 15 February 2022
Young Optics expects capacity utilization to rise to 75-80% in 1Q22
Optical component and module maker Young Optics has seen utilization of production capacity rise from about 60% in the fourth quarter of 2021 to 70% at present and, based on orders...
Wednesday 27 October 2021
Young Optics 3Q21 operating profit hits 12-quarter high
Optical module and component maker Young Optics has reported operating profit of NT$41.7 million (US$1.5 million) for third-quarter 2021, the highest quarterly level since fourth-quarter...
Thursday 23 September 2021
Young Optics to produce AR/VR-use lens pieces
Optical component and module maker Young Optics could begin volume production of AR/VR-use plastic lens pieces 3-6 months after clients place orders, according to the company.
Tuesday 27 July 2021
Young Optics 2Q21 operation turns profitable
Optical component and module maker Young Optics saw operation for the second quarter of 2021 swing into profitability from consecutive net losses for six quarters, according to the...
Tuesday 27 April 2021
Young Optics expects sales from car-use DLP projection engines to grow in 2021
Optical component and module maker Young Optics has become a supplier of DLP projection engines used in smart automotive headlights for German and Chinese first-tier automotive lamp...
Tuesday 9 February 2021
Young Optics suffers net loss of NT$235.6 million for 2020
Optical component and module maker Young Optics suffered net loss of NT$235.6 million (US$8.3 million) for 2020, said the company at a February 8 investor conference.
Tuesday 28 July 2020
Young Optics suffers net loss in 2Q20
Optical module maker Young Optics released financial results for the second quarter of 2020, seeing a net loss of NT$36 million (US$1.2 million) for the third consecutive quarter.
Tuesday 28 April 2020
Young Optics expects 2Q20 shipments for pico-projection optical modules to double
Young Optics expects shipments for pico-projection optical modules to double sequentialy in second-quarter 2020, as local governments in China are ending lockdowns along with easing...
Monday 17 February 2020
Young Optics production in China delayed by coronavirus
Optical component and module maker Young Optics has resumed production at its factory in Suzhou, eastern China, but only about 20% of employees have returned to work amid the coronavirus...
Monday 28 October 2019
Young Optics reports 3Q19 profit
Optical component and module maker Young Optics has net profit of NT$14.3 million (US$470,000) and net EPS of NT$0.12 for third-quarter 2019.