AOET Set to Supply Lenses for iPad Starting 2023
A recent survey conducted by Ming-Chi Kuo indicates that AOET, currently the largest lens supplier for Mac, will begin shipping lenses for the iPad starting in the second half of 2023. AOET’s revenue and profit could see significant growth in the second half of 2023 due to the new iPad orders.
In the mid-to-long term, AOET has the potential to follow in the footsteps of Sunny Optical in Apple’s lens supply chain, starting with iPad orders, increasing the supply ratio, and eventually obtaining iPhone orders.
One of the keys to AOET becoming a new lens supplier for the iPad is the partnership it has with Largan. Largan shares its design and manufacturing experience with AOET, and it is a win-win strategy for both companies.
Largan will assist AOET in obtaining lens orders with a relatively low gross margin, and AOET can use Largen’s patents to protect itself against competitors and secure future orders.
AOET has also reached strategic cooperation with a key US laptop brand client and is set to begin shipping CCMs (color correction modules) as early as 2024. This move will benefit the customer by reducing its dependence on Chinese suppliers and will serve as a new growth driver for AOET in the future.
AOET’s new partnership with Largan and its strategic cooperation with a key US laptop brand client position it well for future growth. The company is poised to benefit from the new iPad orders in the second half of 2023 and will play a crucial role in reducing the customer’s dependence on Chinese suppliers. With its expertise in lens manufacturing and partnerships with key players in the industry, AOET has a bright future ahead.
