Samsung quarterly report updates on the company CIS business:
"For the System LSI Business, overall earnings improved thanks to the growing demand for image sensors in China... In particular, the image sensor business achieved record-high quarterly results driven by greater adoption of multiple cameras and high-resolution sensors by smartphone makers.
For 2019, Samsung expects solid earnings growth to continue, bolstered by rising demand for image sensors used in more sophisticated camera specifications... The Company will also focus on diversifying its product line-up to include 3D sensors, fingerprint-on-display sensors, and chips used in automotive and IoT applications.
For the Foundry Business, earnings continued to grow QoQ thanks to increased demand for mobile APs and image sensors... Looking to the fourth quarter, demand for mobile APs and image sensors is expected to decline amid weak seasonality for smartphone components."
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