Foxconn wants a piece of growing Apple Watch business

By

apple watch
Apple is broadening its supply chain for the Apple Watch.
Photo: Apple

The Apple Watch Series 3 experienced a 50 percent sequential increase in sales over the July to September quarter, and Apple is looking to bring in new suppliers to help deliver on the increased demand.

One of the companies that reportedly wants in? Foxconn, a.k.a. the manufacturer which already builds Apple’s iPhones and iPads, but now hopes for a piece of its wearables business assembly too.

Another newcomer, which has already landed orders to work on the SiP (system in package) packaging services to the Apple Watch, is Foxconn affiliate ShunSin Technology, a company established back in 2008. ShunSin will start developing the components from early next year.

Other manufacturers currently working on the device, which will likely see increasing orders for the Apple Watch, include Quanta Computer, Universal Scientific Industrial (USI), Career Technology, Kinsus Interconnect Technology and E&R Engineering.

The report additionally suggests that Apple Watch’s overall shipments will likely reach at least 25 million units in 2018. Making this more exciting is the fact that most of these sales will supposedly by from first time buyers, rather than those replacing older units. That’s exciting because it further demonstrates that Apple Watch has now moved well beyond the early adopters who were willing to take a punt on it early on, and onto the kind of mainstream users who could one day make it an iPhone-sized (or at least close) success.

The world’s “most loved” smartwatch

Although Apple has yet to release sales figures for the Apple Watch, the company this year claimed that the Apple Watch is now the world’s top selling smartwatch. During Apple’s recent earnings call, Tim Cook described it as the, “best-selling and most loved smartwatch in the world.”

Have you bought an Apple Watch Series 3 (or any other series, for that matter)? If not, what’s holding you back from buying one? Let us know in the comments below.

Source: Digitimes

Newsletters

Daily round-ups or a weekly refresher, straight from Cult of Mac to your inbox.

  • The Weekender

    The week's best Apple news, reviews and how-tos from Cult of Mac, every Saturday morning. Our readers say: "Thank you guys for always posting cool stuff" -- Vaughn Nevins. "Very informative" -- Kenly Xavier.