Cameras in coming iPhone, Tesla Truck and Huawei phone

TF Securities analyst Ming-Chi Kuo indicates several key high-end growth drivers will boost Genius over the next 1–2 years. These include a significant upgrade to Apple’s iPhone 17’s front camera lens, the periscope lens (which Apple calls a tetraprism) for the iPhone 16 Pro series, the high-unit price pancake for Vision Pro, the ultra-wide lens for the iPhone 16 Pro series, and the ultra-wide lens for the Huawei P70 series. The front camera of the iPhone 17 will be upgraded to 24Mp / 6P lens (vs. the 12MP/5P lens of iPhone 15 and iPhone 16). Genius’ progress on the iPhone 16 Pro’s periscope lens is on track. It will start shipping by the end of 2Q24 or early 3Q24. Genius is the supplier of the ultra-wide lens for Huawei’s 1H24 new P70 series. With the P70 series’ ultra-wide camera upgrade and an estimated 100–120% YoY shipment growth (vs. P60 series), Genius can mitigate the impact of the off-season effect. (Android Headlines, Medium, Twitter)

LG Innotek will allegedly be the exclusive supplier of camera modules to Tesla for Cybertrucks. Tesla plans to manufacture Cybertrucks only in the US and the South Korean parts maker will be supplying the modules from its factory in Mexico. Approximately 1M units of electric trucks are expected to be made. LG Innotek likely won the deal as its factory is close to Tesla’s in Austin, Texas. LG Innotek is also…