Boom in automotive optics (the inaugural year for mass production of LiDAR): Sunny Optical rapidly expands production of automotive lenses. Hesai and RoboSense complete mass pre-installation of LiDAR in vehicles, driving a sharp surge in orders for automotive glass prisms and collimating lenses. Appotronics joins BYD’s automotive supply chain to develop optical components for AR-HUD.
Consumer optics under pressure while optical communication components recover: Mobile phone lens shipments decline amid fierce price competition in low-end products. Tunghight and Castech supply PBS prisms and collimating components for 400G optical modules, pushing up revenue of precision optical communication components.