Genius bullish on Q1 demand

5G OPPORTUNITIES: The firm said it would benefit from a growing market for phones equipped with multiple camera lenses with higher resolutions and larger apertures

Taipei Times
Date: Dec 11, 2019
By: Natasha Li  /  Staff reporter

Genius Electronic Optical Co (玉晶光), which supplies camera lenses for Apple Inc’s iPhones, yesterday gave an upbeat outlook for demand next year, citing emerging 5G applications.

“We are eyeing many opportunities [for growth] next year when 5G smartphones come into play,” Genius president Lee Kuo (郭英理) told investors in an online conference call, forecasting increased demand as consumers look to replace their smartphones.

While camera lenses on 5G smartphones vary little in terms of design and production compared with those on their 4G counterparts, Kuo said 5G smartphones would bring higher standards and more applications.

The company would benefit from a growing market for smartphones equipped with multiple camera lenses with higher resolutions and larger apertures, Kuo said, adding that Genius would consider expanding its production capacity next year.    [FULL  STORY]

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