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Cover Lens Module Shipments to Fall 4.5% in 2022: Omdia

Shipments of cover lens modules will decline 4.5% this year to 6.01 billion units “as a result of factors such as stock clean-up, inflation and geopolitical issues influencing consumer device markets,” reported Omdia Wednesday. Omdia speculates shipments will rebound slightly…

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in 2023 “if these influential factors can be relieved by the end of 2022,” it said. Mobile phone applications are about half of all cover lens module shipments, it said.