Friday, February 17, 2017

Dual Camera Phones to Boost LG Innotek, SEMCO Revenues

The Korea Herald: Samsung Electro-Mechanics (SEMCO) and LG Innotek’s profits are growing on rising demand for dual camera phones, according to the newspaper's sources. SEMCO is supplying its dual cameras to Chinese Xiaomi and LeEco since Q3 2016 and it is also in talks with Huawei, Oppo and Vivo.

According to Counterpoint analysts, the sales of smartphones with dual cameras will rise more than 400% YoY to reach 300 million units in 2017.

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