舜宇光學為iPhone 14系列廣角相機7P鏡頭最大供應商，供應比重顯著超越大立光、玉晶光與市場共識

我最新的調查如下：

1. 舜宇光學的高階廣角7P鏡頭 (用於兩隻高階iPhone 14 Pro) 與較低階廣角7P鏡頭 (用於兩隻較低階iPhone 14) 的出貨比重分別為50–60%與55–65%。大立光與玉晶光的供應比重則約略相同。
2. 舜宇光學的產能顯著提升，因此舜宇光學將持續價格戰以取得更多Apple訂單並提升產能利用率。
3. 在iPhone鏡頭中，對獲利貢獻最大者為廣角鏡頭，故舜宇光學的廣角鏡頭市占顯著提升，對大立光與玉晶光的關鍵影響在於獲利，而非營收。
4. 大立光的廣角7P鏡頭ASP，高於舜宇光學與玉晶光15–25%，故舜宇光學市占提升對大立光的獲利負面影響較低。
5. 舜宇光學可能在2023年成為iPhone 15的ToF鏡頭主要供應商，玉晶光因是既有ToF鏡頭主要供應商，故受到負面影響高於大立光。

Sunny Optical is the largest supplier of wide-camera 7P lenses for iPhone 14 series, and its supply ratio significantly exceeds Largan, Genius, and market consensus

My latest survey is as follows:

1. The shipment allocation of Sunny Optical’s high-end wide 7P lens (used in two high-end iPhone 14 Pro) and lower-end wide 7P lens (used in two lower-end iPhone 14) was 50–60% and 55- 65%, respectively. The proportion of the supply of Largan and Genius is about the same.
2. Sunny Optical’s capacity has increased significantly, so the company will continue the price war to obtain more Apple orders and raise utilization.
3. Among iPhone lenses, the wide lens is the largest contributor to profit. Hence, the critical impact of Sunny Optical’s significant market share gain of the wide lens on Largan and Genius is profit, not revenue.
4. Largan’s wide 7P lens ASP is 15–25% higher than that of Sunny Optical and Genius. Therefore, Sunny Optical’s market share gain has a lower negative impact on Largan’s profit.
5. Sunny Optical may become the main supplier of the ToF lens for iPhone 15 in 2023. Genius is the main supplier of the existing ToF lenses, so that it will be more negatively affected than Largan.