JXLC Optoelectronics Technology Group is not only a major supplier of 3D sensing optical lenses for Huawei's mobile phone business, but also an Apple supply chain company.
Serving many leading companies worldwide
JXLC's business covers Huawei and Apple, including cameras, wireless headsets, wireless charging, display screens and other subdivisions. In addition, the company also introduced a new customer DJI UAV on May 15 this year to establish a strategic partnership and will introduce two UAV lenses.
JXLC continues to make efforts in the research and development of on-board optical lenses and imaging modules, with driverless lenses and sensor lenses; providing on-board lenses for Tesla, and production and processing of touch display modules and integrated products for BOE.
Summary of development history
JXLC was established in 2006 and listed on the Shenzhen Stock Exchange in 2015.
After several years of development after JXLC was established, JXLC utilizes leading aspheric glass lens molds and compression molding engineering technology capabilities, namely glass molding technology, Glass Molding, hereinafter referred to as "GMO technology" to build motion/panoramic cameras, automotive ADAS, The core foundation for the business layout of smart phones and other fields. In 2018, the company's molded glass lenses have been completely self-sufficient to realize import substitution, further strengthening the core competitiveness of molded glass.
Looking back on the market expansion process from JXLC's establishment to 2018, the company put the optical lens business into production within two years from 2009, and built the integrated touch control strategy, focusing on key accounts. In 2014, it strategically cooperated with BOE and became a Gopro lens supplier, with a global market share First; entered the mobile phone lens field in 2016, established a "lens + image lens" strategy, focused on high-end lenses, and entered the VR/AR field and supplied Apple to it. In the same year, an industrial fund was established to deploy IC business, and the number of wireless charging chips achieved in 2017 JXLC is also the first chip manufacturer in China to obtain Qi certification for 15WRx receivers.
Chinese local optical leading company
Since 2018, JXLC has broken through the production bottleneck and released various production capacities in an orderly manner. Nowadays, mobile phone lenses are fully covered in high-end high-pixel, 3D structured light, TOF lens, under-screen fingerprints and other fields, and are mass-produced and shipped. In terms of in-vehicle business, Lianchuang Electronics continues to develop in depth, and may be about to enter the harvest next year.
It is worth noting that JXLC has now become the sole supplier of Gopro high-end lenses and the No. 1 supplier of Insta360, and by this it has achieved the world's number one sports, panoramic lens and module, and this business has become a new growth point for the company.
JXLC's current structural components include mobile phones, vehicles, and wide-angle lenses; modules include fingerprint, display, and lens modules; and chips include wireless charging chips.
In more detail, JXLC wide-angle lenses are more supplied for Gopro and car lenses, and they also radiate security lenses and modules and drone lenses. In terms of the mobile phone industry chain, in addition to fingerprints, touch displays, and lens modules, the company also involves wireless headsets and AR/VR optics.
Judging from the most recent fiscal year, JXLC optical lenses/modules can be divided into four categories: mobile phones, automotive, wide-angle, and AR/VR. In 2019, revenue was 1.275 billion yuan, accounting for 21% of total revenue, and a year-on-year growth rate of 92.3%. , Which is much higher than the growth rate of 29.9% for IC chips and 38.5% for touch display.
The company's touch display business mainly produces touch display modules for mobile phones, and in recent years has deployed display products in the automotive, industrial control, and smart home fields. In terms of revenue, touch display can be divided into two parts: display processing and touch display integration. The revenue in 2019 was 2.097 billion and 1.208 billion yuan, accounting for 54% of total revenue.
Customer Reference
DJI, Aptiv(Delphi), Valeo, Tesla, Magna, ZF, Continental Automotive, Huawei, Samsung, Xiaomi, LG, Lenovo, Tesla, etc.