MNBEY - Better Cameras Mean Better Opportunities For Alps Alpine
Not only has the 2019-2020 smartphone cycle gone better than expected for component suppliers like Japan’s Alps Alpine (OTCPK:APELY) (6770.TO), the outlook for the next couple of years has improved meaningfully, with more OEMs guiding to meaningful upgrades in their camera offerings. With OEMs realizing that cameras are an important point of differentiation with consumers, Alps Alpine looks set to benefit from improving sales of more sophisticated camera actuators while the auto business bottoms out.
That stronger camera actuator outlook has done wonders for the stock, sending the shares up almost