Wide, ultra-wide angle and new iPad Pro Lidar sensor.
Todd Hasselton CNBC
Last year, Apple began incorporating advanced 3D sensors that can accurately measure how far objects are in their high-end iPhones and iPads, and now there are millions in the world. IPhone 12 Pro cameras use 3D sensors called lidar to focus faster and perform fun filters and photo effects.
One company that is helping to make this happen is Lumentum, a San Jose company with a market capitalization of about $ 7.3 billion. Shares of Lumentum have risen more than 20% in the last year and by as much as 40% before falling earlier this week due to acquisition news.