Rosenblatt analyst Jun Zhang highlights that OPPO announced its 3D sensing solution, while Xiamo and Huawei are targeting a Q4 launch for their own solutions. In addition to facial recognition, OPPO also supports 3D virtual conferencing, he highlights.

Because of this massive adoption of 3D sensing, they continue to be positive on 3D sensing suppliers, including Lumentum (NASDAQ: LITE), Viavi (NASDAQ: VIAV), AMS (AMS.SIX: NR), STMicroelectronics (NYSE: STM), IQE (IQE.LSE: NR), and Win Semiconductors (3105.TWO: NR).

Meanwhile, they believe that Apple (NASDAQ: AAPL) may look to incorporate its 3D sensing solution in a three rear camera module for the next generation iPhone, which would not likely be launched until the second half of 2019. This solution will be positive for Sony, Lumentum, and Viavi. They estimate Apple will produce about 250-300 mln front facing 3D sensing units and about 60-70 mln rear 3D sensing units in CY2019.