Since Largan appears to be doing things right, the company said that it expects sequential growth in September consolidated revenues. The company also expects the Average Selling Price of its parts to rise in Q3, That determination was made based on orders it has received for the quarter.
Meanwhile, perhaps due to the problems that current vendors have had with the part (excluding Largan, of course), Genius Electronic Optical has received orders in Taiwan for the lens module used in the Apple iPhone 5c.
Besides problems with parts for the back camera, last week Jefferies analyst Peter Misek stated that iPhone 5s production yields have been low due to problems with chips for the new fingerprint scanner. Misek cut his estimate of 2014 Apple iPhone shipments to 147 million units from an earlier 162 million.