Apple partners with Sunny Optotech for $300 million camera module factory in India

edited by: Shaurya Sharma

Last Update: January 11, 2023, 17:34 IST

Sunny Opotek already produces camera modules for Android phone OEMs at its Tirupati facility in partnership with Celkon.

Sunny Opotek will begin manufacturing exclusively for Apple in 2024 after initial product testing in China.

Sunny Optotech, a subsidiary of China-based Sunny Optical Technology, has tied up with Apple to build a $300 million facility in India.

according to a report good The project will be implemented in phases by 2026, with the location of the facility yet to be determined, but will be decided in the near future, said Wally Liu, president, Sunny Opotech India, by BusinessLine. “It will cater to both Apple’s mobile phones and laptops and computers.”

Supply Opotech’s deal with Apple is expected to increase revenue India Up to $3-4 billion, and it should be noted that the company already produces camera modules for Android phone OEMs at its Tirupati facility in partnership with Celkon (Seven Hills).

Wally Liu told BusinessLine that the camera modules it makes for Apple are of “high value,” and the upcoming collaboration, with the new investment at its disposal, “is set to increase the revenue of the camera module business unit (BU) by $10 billion.” Will help with the overall strategy.” billion by 2026 from the current $3.5 billion.

Sunny Opotek will begin manufacturing exclusively for Apple in 2024 after initial product testing in China. They expect mass production in China in 2024, with further quality testing in India.

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