LG Innotek is increasing its digicam module manufacturing unit for future iPhone manufacturing

Since 2022, LG Innotek has been offering the front-facing digicam modules to the iPhone 14 Professional sequence. With autofocus know-how, this module has now elevated its worth almost 3 times. Whereas the South Korean firm additionally provides high-end rear-facing cameras for Apple, the producer needs to broaden manufacturing and seize future offers.

The Elec studies that LG Innotek will spend virtually $1 billion at its Haiphong, Vietnam facility to construct a further digicam module manufacturing line. It’s anticipated to be accomplished within the second half of 2024, with mass manufacturing starting in 2025, forward of the iPhone 17 launch.

At the moment, Apple is predicted to announce 4 totally different iPhone fashions. The Professional fashions would have Face ID embedded beneath the show, whereas the common variations would function All the time On Show for the primary time – as an analyst leaked Apple’s iPhone roadmap all through 2027.

That being stated, this new line will double LG Innotek’s digicam module manufacturing capability on the Vietnam facility, which at the moment accounts for 30% of all of the digicam module outputs it may possibly produce. Seventy % is produced at Gumi and Paju in South Korea.

The Elec says that this funding is targeted on assembly the demand for digicam modules from Apple iPhone fashions. LG Innotek is now the main provider of those items to Cupertino.

Apparently, LG needs to take care of its benefit as Apple was planning to make use of front-facing digicam modules from a Chinese language rival final 12 months, however it didn’t attributable to high quality points. With that, LG intends to remain forward and regularly provide digicam modules for high-end iPhone fashions, as clients are looking for these units extra typically than common fashions, and Sharp, the Chinese language rival, remains to be being pushed out of Apple’s digicam module provide chain attributable to “varied setbacks.”

Within the meantime, Apple is predicted to announce the brand new iPhone 15 sequence in virtually two months, through which the corporate will unify the Dynamic Island cutout by way of all 4 fashions it would promote.