Sunny Optical Technology (Group) Co Ltd - ADR

OTCPK:SOTGY (China)   ADR
$ 45.24 +1.77 (+4.07%) 10:09 PM EST
32.13
P/B:
1.66
Volume:
4.99K
Avg Vol (2M):
5.53K
Also Trade In:
Volume:
4.99K
Avg Vol (2M):
5.53K

Business Description

Description
Headquartered in Yuyao, China, Sunny Optical is China's biggest handset camera modules maker and the world's largest handset lens sets manufacturer. Higher-margin lens sets are used on smartphones, vehicles, and augmented/virtual reality. Sunny Optical is a key beneficiary of the secular growth of extended-reality devices and vehicle camera demand, as advanced driver-assistance systems witness rising adoption among automakers. The firm also manufactures optical instruments, such as high-end microscopes and optical measuring instruments. The company employed over 29,524 people as of December 2023.