Apple has reportedly stabilised the iPhone X’s production, which means many customers who were first told to wait until 2018 to get their new phone may actually have one in hand before the holidays.
A new note sent to investors by Apple watcher and KGI Securities analyst Ming-Chi Kuo (which we first saw via MacRumors) says that production issues “have been well addressed” over the past few weeks.
Foxconn’s facilities could only produce about 50,000-150,000 iPhone X units a month initially, which resulted in a scarce number of available units at launch; those numbers are closer to 450-550,000 units-a-month now, according to Kuo, which is good news for Apple just weeks before the Christmas holidays.
Kuo estimates that overall production for the fourth quarter could be between 15 and 20% higher than initially estimated, with many iPhone Xs ready to be shipped to customers before the year’s end.
The acceleration also means that shipments for 2018’s first quarter may be flat or even slightly lower when compared to this quarter.
Here’s an extract from Kuo’s note:
“Hon Hai’s daily shipments of iPhone X have climbed to 450-550k units, up from 50-150k units 1-2 months ago; (2) shipments of Career’s LCP LTE antenna will likely grow 100% mum in both November and December; and (3) production yield of Dot projection module, made by LG Innotek (KR) and Sharp (JP), has moved quickly above 80-90% or higher from below 60% 1-2 months ago.”
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