During the investor day, Sunny Optical Technology (02382.HK)'s management voiced a notably more optimistic outlook for the automotive lens business. Driven by the escalating adoption of ADAS (Advanced Driver Assistance Systems) in China, the company has revised upwards its forecast for global automotive lens shipments this year to over 400,000 units, marking an increase from the initial projection of 340,000 units. Furthermore, Sunny Optical aims to broaden its footprint in the automotive camera module market this year. With a current market share of 3%, the company aspires to attain a top-three position within the industry in the next 3 to 5 years. Additionally, Sunny Optical anticipates that global smartphone shipments will grow by approximately 1% this year, which is lower than the earlier estimate of 2 to 3%, but the Chinese smartphone market is expected to outperform the global market in terms of growth.