The report from the known analyst also adds that the market is underestimating the impact of increased competition on Taiwan’s Genius Electronic Optical (GSEO). Furthermore, it is stated that the main reason for the GSEO’s revenue in October being lower than expectations was due to increased competition between Largan and Semco.
Editor’s Pick: Sony PlayStation 5 is selling at three times its retail price in China due to supply shortage
As first reported by ITHome, while the market had expected a new iPhone SE model launching in the first half of 2021, Kuo’s report suggests that this might not be the case. The report also talks about increased competition within the supply chain of Apple. The primary reason for the delayed iPhone SE 2021 launch is still unknown. Although, the report states that the market is overestimating the ultra wide angle lens orders GSEO might have received. In other words, GSEO is expected to have its orders fall from 50 percent of the iPhone 12 series to 30% of the iPhone 13 series.
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