Today, Ming-Chi Kuo revealed that Apple will launch an AR headset in the second quarter of 2022. Genius is the core supplier of VR lenses.
According to reports, one of the key components of VR devices is the lens. Due to their manufacturing complexity, VR lenses are relatively expensive components. Take Facebook’s Oculus Quest 2 as an example: the two ASP lenses in each device cost between $10 and $12, comparable to the price of high-end 7P lenses used in smartphones.
Currently, Facebook is the largest VR brand, with a market share of over 70-80%. As demand for the Oculus Quest 2 is better than expected, Facebook VR shipments are expected to reach 8-9 million units in 2021, with 60–70% in the second quarter.
The report also predicts that Facebook will launch a new VR device with lenses at a higher average selling price in 2022, and Genius is expected to receive about 50% of the orders.
Ming-Chi Kuo’s report also involves the iPhone 13. He noted that Taiwanese lens manufacturers Largan Precision and Genius will start shipping iPhone 13 lenses in June. However, the samples of the iPhone 13 rear wide-angle and telephoto lenses recently provided by Largan Precision failed to meet Apple’s tolerance requirements. As a result, Apple has requested Genius to increase its shipments and to suspend supplies from Largan Precision. Genius is expected to become the exclusive supplier of the iPhone 13 rear wide-angle and telephoto lenses in June.