iPhone X production is advancing at the maximum pace, with KGI analyst Ming-Chi Kuo revealing in a new note to investors that he expects the fourth quarter of the year to bring better than estimated sales.
Shipping times for the iPhone X have been decreased substantially in the last couple of weeks and orders that were originally projected to be shipped in December were completed a month earlier. Kuo says this is because Foxconn now makes no less than 550,000 iPhone X units every day, up from 50,000 to 100,000 when production started two months ago.
At the same time, it looks like the majority of Apple suppliers has also addressed production struggles and component manufacturing is improving as well.
Strong demand for the iPhone X
The analyst says Career’s LTE antenna production improved no less than 100 percent in the last month, while the dot projection module manufactured by Sharp and LG has reached around 90 percent yield rate. Furthermore, F… (read more)
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