Samsung Electro-Mechanics, an digital part manufacturing arm of the South Korean big Samsung, is now contemplating to enter the mid-range smartphone camera module market. This was introduced by the corporate throughout its second-quarter earnings name earlier this week, as reported by The Elec.

The corporate’s Vice President Bae Kwang-wook stated that the corporate demand for camera modules of mid-range smartphones has been on the rise and it anticipates elevated demand for the high-resolution sensors and optical zoom sensors.

He added that the corporate has been planning to enter this marketplace for a while and it plans to compete primarily based on the pricing of the module. Samsung Electro-Mechanics will possible present high-resolution camera modules for the Samsung Galaxy A-series telephones.

Apparently, the announcement comes only a day after it was reported that Samsung Electro-Mechanics has secured a contract from Apple to produce camera elements because the US-based tech big appears to diversify its provide chain.

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Samsung Electro-Mechanics, which has equipped camera modules for premium smartphones akin to Galaxy S- and Galaxy Word-series, might be coming into the mid-range market due to the falling demand for premium telephones.

Consistent with this, it’s also being reported that the corporate may introduce Optical Picture Stabilization (OIS), a premium function, for the upcoming Galaxy A-series smartphones launching subsequent yr. Additionally it is planning to supply differentiating options akin to higher optical zoom and slimmer design.

For the second quarter of this yr, the corporate posted 96 billion gained in working income and 1.8122 trillion gained in income, which represents a decline of 41 p.c and 5 p.c, respectively in comparison with final yr.

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