TF International Securities analyst Ming-Chi Kuo said in a tweet thread that Sony (SONY) will replace Lumentum (LITE) as the exclusive ToF VCSEL supplier for Apple’s (AAPL) iPhone 15 Pro and Pro Max devices. Lumentum/Win Semi will face long-term structural risks in the VCSEL market due to Sony’s technological advances, as Sony will likely continue taking the company’s orders from other major customers, says Kuo. Reference Link
Published first on TheFly
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