Apple 3D sensor supplier will make bank off 2018 iPhones

By

VCSEL
The laser in the iPhone X's Face ID could one day transform the speed of broadband.
Photo: Ste Smith/Cult of Mac

The 2018 iPhone lineup could have the same 3D technology as the current flagship handset iPhone X, according to an investment bank encouraging clients to buy stock in the components company.

Piper Jaffray says stock in the manufacturer Lumentum is a good buy and predicts strong growth in the second half of 2018 because of the demand for 3D components. Lumentum (listed as LITE) supplied Apple with the parts to power the iPhone X’s Face ID feature.