Apple suppliers have taken a hit in revenue during early 2019 as a result of falling iPhone shipments. Analysts don’t expect a turnaround anytime soon with Apple’s smartphone still struggling to catch a break in China.
Apple supplier profits hit by big drop in orders
Being an Apple supplier can be an unpredictable business. Suppliers whose earnings rely on Apple can take a major tumble if they suddenly fall out of favor.
That’s what happened this week with AAC Technologies Holdings. The acoustic component maker’s shares fell dramatically on Tuesday after it announced a 75 percent decline in orders.
iPhone suppliers could leave China if trade tariff hits 25%
iPhone suppliers will reportedly consider moving away from China is U.S. trade tariffs hit 25 percent.
Sources say they will remain even if the U.S. introduces a 10 percent tax on smartphones, but they could be forced to “reassess the situation” should the Trump administration impose a higher rate on imported goods.
Apple’s Face ID supplier has been acquired for $3.2 billion
Finisar, supplier of the laser scanners used to enable Face ID in Apple’s latest iOS devices, has been acquired for a reported $3.2 billion.
II-VI Incorporated, a leading producer of optoelectronic systems, announced its purchase on Friday. It expects to close the deal, which is expected to generate $2.5 billion in annual revenue, in mid-2019 following regulatory approval.
Apple could snub Qualcomm with new iPhone modem supplier
Apple is considering a new iPhone modem supplier as it looks to reduce its reliance on Qualcomm.
The company is yet to decide whether it will add MediaTek to its supply chain for its next-generation iPhone lineup. But Apple is keen to limit its dealings with Qualcomm after a recent legal spat in which the latter attempted to ban iPhone imports into the United States.
Component sales soar as iPhone 8 enters mass-production
Component suppliers enjoyed stronger sales throughout July as Apple ramps up production of its next-generation iPhones.
Supply chain sources say all three models that will be unveiled in September have now entered mass-production, but shortages are still expected for iPhone 8.
Apple Watch Series 3 will bring big boost for one supplier
One Apple supplier is expected to enjoy a significant boost from Apple Watch Series 3.
Quanta Computer is likely to see strong revenues during the second half of 2017 ahead of an Apple Watch refresh this fall — despite the addition of Compal Electronics, another manufacturer, being added to the supply chain.
Apple unexpectedly loses printed circuit board iPhone 8 supplier
Apple has reportedly invested tens of millions of dollars in equipment for producing rigid-flexible printed circuit boards (RFPCBs) for its upcoming iPhone, claims a new report.
Although Apple typically contracts third parties to produce its products, rather than building them itself, it was allegedly pushed into making the investment after one of Apple’s RFPCB suppliers backed out at the last minute.
Apple in talks with another OLED maker for future iPhones
Apple could add another supplier to its list of OLED display manufacturers for future iPhones, a new report claims.
The company in question is China’s BOE Technology Group, whose screens Apple is said to have been testing “for months.” BOE is currently spending $14.5 billion building two AMOLED factories in the southwestern province of Sichuan, China in anticipation of possible orders.
Apple suppliers bulk up for ‘complex’ iPhone 7
Apple suppliers in Taiwan are already taking on new recruits in preparation for the iPhone 7. Local sources say that the design of this year’s device is more complex to build than previous models, so manufacturers are getting to work early.
Apple to bring Intel on board for iPhone 7
Apple is preparing to team up with Intel for the upcoming iPhone 7, according to sources familiar with its plans. The chip maker is expected to supply up to 50 percent of Apple’s LTE modems for the new device.
Apple slaps suppliers with a $50 million fine for leaking secrets
Apple’s bankrupt sapphire supplier GT Advanced Technologies might have stayed quiet about its reasons for the bankruptcy, but a few details are nonetheless starting to emerge.
Two of the most intriguing tidbits concerning the case regard the cost of sapphire production for GT Advanced Technologies, and the financial penalties Apple imposes on any supplier who leaks information about future products.
WSJ: Apple Partners With New Suppliers For iPhone 5c & iPad Mini
Apple is reportedly teaming up with new suppliers to boost production of the iPhone 5c and the iPad mini to meet strong consumer demand, The Wall Street Journal reports.
Wistron Corp., a manufacturer based in Taiwan that already produces smartphones for BlackBerry and Nokia, will be tasked with assembling the iPhone 5c; while Compal Communications, which currently works with Acer, Dell, Lenovo, and others, will manufacturer the iPad mini.
Apple Cuts iPad Mini Shipments In Preparation For Next-Gen Model [Rumor]
Apple has reportedly cut its iPad mini orders for the second quarter of 2013 by as much as 20% in preparation for the next-generation device. Shipments of the current iPad mini could be as low as 10 million units during the quarter, according to “multiple sources who provide various components” for the device.
Apple Fires Samsung As MacBook, iPad Battery Maker
Apple has reportedly further distanced itself from rival Samsung by switching its suppliers for iPad and MacBook batteries. The Cupertino company has been seemingly working to avoid Samsung’s components since the companies became embroiled in various legal battles all over the world.
iPad Mini Shipments Stumbling Due To Low Yield Rates Of Aluminum Chassis [Rumor]
Apple’s much-anticipated iPad mini is expected to make its debut in mid-October, but it may be a little more difficult to get hold of than other iOS devices. According to sources in the Cupertino company’s Taiwanese supply chain, iPad mini shipments are already stumbling due to the low yield rates of the tablet’s aluminum chassis.
Apple’s Massive MacBook Pro Orders Are Causing Havoc For Suppliers [Rumor]
Apple’s massive orders for its next-generation MacBook Pros are causing havoc for its supply chain, with many facing labor shortages as they struggle to meet its demands. Others have been forced to outsource their business as a desperate attempt to complete orders before they start shipping.
Explosion At Pegatron’s iPad Plant Hospitalizes 23 Workers [Report]
A Pegatron plant in Shanghai, China, where rear panels for Apple’s iPad will be manufactured, suffered an explosion over the weekend which hospitalized 23 workers and injured a further 38. Though the explosion did not cause a fire, according to a Reuters report, the Pegatron factory reports there is “some damage” to machinery.
A5 Chip Production Now Well Underway At Samsung’s New Texas Factory
While most of the components crammed inside your iOS devices are built by low-cost Asian manufacturers, its dual-core A5 processor is actually built a little closer to home — at Samsung’s new factory in Austin, Texas.
1,000 Workers At Apple’s Keyboard Supplier in Shenzhen Walk Out In Protest
1,000 workers at a Jingmo Electronics factory in Shenzhen, China, staged a strike earlier this week over long hours and poor working conditions. The factory supplies keyboards to companies like IBM, LG, and Apple, and China Labor Watch is now calling for these companies to improve the working conditions for the employees at the factory, focusing specifically on Apple.
Two Suppliers Will Provide 8-Megapixel Cameras for iPhone 5 [Report]
Those of you wishing for an 8-megapixel camera in the upcoming iPhone 5 might just be in luck. According to a report from Taiwan Economic News, Apple has secured deals with two manufacturers who will supply 8-megapixel cameras for Apple’s fifth-generation iPhone.