LG to Exclusively Supply Periscope Lens Modules for iPhone 16 Series, Solidifying its Leadership in the Camera Module Market

LG to Exclusively Supply Periscope Lens Modules for iPhone 16 Series, Solidifying its Leadership in the Camera Module MarketFast Technology reported on August 23rd that LG will be the sole supplier of periscope lens modules for the upcoming iPhone 16 series in the second half of the year, further solidifying its position as a leader in the smartphone camera module market. LG and Jahwa Electronics will collaborate to provide OIS (Optical Image Stabilization) technology for these lens modules

LG to Exclusively Supply Periscope Lens Modules for iPhone 16 Series, Solidifying its Leadership in the Camera Module Market

Fast Technology reported on August 23rd that LG will be the sole supplier of periscope lens modules for the upcoming iPhone 16 series in the second half of the year, further solidifying its position as a leader in the smartphone camera module market. LG and Jahwa Electronics will collaborate to provide OIS (Optical Image Stabilization) technology for these lens modules.

Last year, the iPhone 15 Pro Max was the first to feature a periscope lens, using a prism to enhance clarity in long-distance shots, garnering widespread market recognition. This year, Apple plans to expand this technology to both the iPhone 16 Pro and Pro Max models. Industry forecasts suggest that the initial supply volume of periscope lens components will account for 70% of the total iPhone 16 series production. To ensure supply chain stability and product quality, Apple will primarily rely on LG as a supplier initially.

However, Apple plans to introduce additional suppliers in the fourth quarter to control costs and enhance supply chain resilience. The production plan for the iPhone 16 series is estimated at 90.1 million units, while accessory production typically exceeds 10% of the finished product volume. Notably, Sharp has withdrawn from supplying components for new iPhone models, presenting a further opportunity for LG to strengthen its market position.

This partnership not only enhances LG's market influence in the smartphone camera module market but also brings higher-quality camera modules to Apple, indicating significant advancements in the photographic capabilities of the iPhone 16 series. LG's exclusive supply of periscope lens modules will undoubtedly drive new breakthroughs in the image features of the iPhone 16 series, providing users with an exceptional shooting experience.

As smartphone camera technology continues to evolve, periscope lens technology is poised to become a trend for future mobile photography. LG, as a leading provider in this field, will continue to offer high-quality solutions for smartphone manufacturers like Apple. This collaboration will further drive progress in smartphone imaging technology, delivering clearer and brighter shooting experiences for users.