Nanos, Core Business Booms... "Record-Breaking Performance This Year, 'Black Electronics God'"

[Asia Economy Reporter Yoo Hyun-seok] Nanos announced on the 31st that it is expected to turn around with record-high performance, overcoming sluggishness due to the strong performance of its core business.

A company official explained, "There has been a strong performance in the camera module-related parts business, which is our core business," adding, "We supply 90% of the optical filters for mobile phone cameras currently in production to major domestic mobile phone manufacturers such as S Company, which is one of the reasons for securing stable sales channels."

Nanos expects a full-fledged growth trend due to the recent increase in smartphones adopting triple and quad cameras, including the inclusion of its products in S Company's new product to be released in March. A Nanos official said, "It is true that performance improvement is becoming visible thanks to the strong performance of our core business," adding, "Although it is difficult to disclose specific figures as the settlement has not yet been finalized, we expect to record the highest monthly performance this month."

He continued, "It is also true that our core business continues to improve, such as the adoption of our products in the new smartphone products of major companies to be released soon," emphasizing, "Due to these influences, this year will be a year of overall return to profitability."

Along with this, Nanos also expects improvements in the cost increases, which have been pointed out as the cause of the decline in performance. The company plans to achieve both cost reduction and stable production through the production plant built in Vietnam.

A company official explained, "The increase in operating expenses, which had a negative impact on performance, is being largely resolved through investment in Vietnam," adding, "The Vietnam production plant is showing rapid stabilization, which will also greatly contribute to performance."

This content was produced with the assistance of AI translation services.