The growing popularity of 3D sensing and augmented reality (AR) applications has turned out to be a boon for Lumentum Holdings (NASDAQ: LITE). The company has managed to capitalize on these fast-growing trends thanks to its supplier relationship with Apple (NASDAQ: AAPL), which came at the right time to help Lumentum overcome the slowdownin its traditional optical components business.
Lumentum Holdings Is Just Getting Started
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