Lumentum, Apple’s true depth parts supplier recorded better than expected results for the June quarter. So gets an anticipated order volume indicating the possibility of having the depth-sensing camera for the new iPhone models. Lumentum furnishes most of the vertical cavity surface emitting laser(VCSEL) modules used to power Apple’s true depth Camera array on iPhone X.
Analyst Gem Munster of Loup Ventures believes that the higher shipping volumes and an expected acceleration of orders, which is set t play out in the coming 2 quarters, bodes well for the Apple’s product pipeline.
In the recent quarter, Lumentum posted a revenue of $301 million beating the wall street estimates of $287 million, where VCSEL contributed $65 million to the revenue. muster believes that Apple will have 3 models with VCSEL laser, also suggested that Lumentum’s rising revenue suggest iPhone X demand is healthy.
Apple is rumored to launch 3 handset formats for 2018, Along with a 5.8 inch iPhone X along with a 6.5 inch OLED variant and a 6.1 inch LCD model. Each of it is believed to have Face ID functionality, also a biometric authentication powered by Apple’s true depth camera array.
Munster also believes Apple is looking to integrate the True depth camera into other devices like iPad. Reports have suggested a True-depth camera to be present in the next generation iPad Pro. Also, Apple’s latest iOS 12 beta release disclosed the iconography where a thin bezel design and an edge-edge display will replace the old home button.