AirPods supplier confident of booming business through 2021

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AirPods supplier confident of booming business through 2021
The AirPods have been a massive hit for Apple.
Photo: Charlie Sorrel/Cult of Mac

If you’re an Apple supplier, there’s arguably no better product to be building right now than the AirPods. One of Apple’s biggest breakout hits in recent memory, the main manufacturer of the AirPods is Asia’s best performing stock of the year as a result.

Now a new report claims that Unitech, another company involved in the AirPods supply chain, is confident that business will remain hot through at least the first half of 2021.

Taiwan-based PCB maker Unitech reported 15% increase on revenues for the first 11 months of 2019. In total, it brought in $574.65 million for the first 11 months of the year. That’s already more than it earned through the whole of 2018. Growth in Apple’s AirPods business is credited as being the reason.

Apparently, the company is expecting shipments of HDI rigid-flex boards to persist into the first half of 2021.

The story gives no figures for shipment orders, nor does it reveal if Unitech is also working on the AirPods Pro. However, it’s yet another data point suggesting that the AirPods train isn’t going to slow down any time soon.

AirPods supplier things will continue through 2021

According to one report, Apple recently doubled its monthly AirPods Pro production from 1 million to 2 million units per month. As per Wedbush analyst Dan Ives, Apple will sell around 65 million AirPods units in total in 2019. That includes upward of 3 million AirPods units during the Black Friday and Cyber Monday shopping holidays alone. Next year, he believes Apple could sell 85 million to 90 million AirPods.

If that kind of increase is able to carry on through 2021 and beyond (and, frankly, why would it not?), there’s every reason why AirPods suppliers such as Unitech would be confident about things — through 2021 and beyond.

Source: Digitimes