Sunny Optical to Benefit Significantly from Apple’s Optical Order Growth and Spec Upgrades Over Next Two Years
Key Growth Drivers for Sunny Optical’s Apple Orders in 2025–2026:
1. Lens Supply Allocation to Rebound Significantly from ~5% in 2024 to 15–20% in 2025
Sunny Optical’s Apple lens orders are gradually recovering from 2H24, with an estimated market share of about 5% in 2024. This shift is reflected in significant stock price corrections among Sunny’s competitors, indicating the market is already pricing in this shift. Looking ahead to 2025, benefiting from the ultra-slim iPhone 17 and more mature Apple Intelligence, 2025 iPhone shipments are expected to grow by about 5% to 230 million units, further boosting the impact of Sunny Optical’s market share recovery.
2. Camera Module (CCM) Shipments for M5 Series MacBook Pro Starting 2025
Sunny Optical is an established tier-one CCM supplier for Android devices and can meet Apple’s stringent requirements. This expansion into the MacBook Pro CCM supply chain contributes to 2025–2026 revenue and profit and positions the company for potential CCM opportunities in iPads and iPhones, creating a new long-term growth driver.
3. Potential High-ASP Orders for Variable Aperture Camera Shutters and Lenses in 2026 iPhone 18
One major upgrade for the 2026 high-end iPhone 18 is the wide-camera lens upgrading to a variable aperture camera, significantly enhancing the user photography experience. My latest industry survey indicates Sunny Optical will be the primary shutter supplier (with Luxshare as secondary) and the second variable aperture lens supplier (after Largan Precision). Sunny Optical’s advantages include experience designing and manufacturing variable aperture cameras for Android clients, while their strong position in shutter orders supports their lens order prospects.
