Sunny Optical's Extended Reality Outlook Outweighed Sluggish Smartphone Shipments

Sunny Optical’s revenue and earnings are largely derived from manufacturing camera lenses and modules for smartphones, automobiles, and extended reality devices. Sunny has become the largest handset lens set supplier, boasting more than 30% volume share in 2025. Despite smartphone shipments having plateaued, Sunny Optical has found new sources of growth in cars, XR, and robots. Its share of revenue from smartphone-related products has dropped from the mid-80s in 2020 to the low-60s in 2025.