KGI’s Kuo: Improved iPhone X Availability Due to Improved Production Numbers, Not Lack of Demand

Posted in iPhone on 27/11/2017 by Chris Hauk


iPhone X supplies have improved, causing shipping estimates to drop to 1 to 2 weeks. While some have speculated this is due to weak demand for Apple’s flagship device, KGI Securities analyst Ming-Chi Kuo says instead it is attributable to better-than-expected improvements in production.

KGI's Kuo: Improved iPhone X Availability Due to Improved Production Numbers, Not Lack of Demand


According to Kuo, who frequently shares accurate information from Apple’s supply chain, iPhone X production issues “have been well addressed” in recent weeks, with Foxconn’s production now at 450,000-550,000 units per day compared to just 50,000-150,000 a month or two ago as Apple geared up to launch the device. 

Kuo says production issues of two of the primary component bottlenecks, the LTE antenna and the dot projector module of the TrueDepth camera, have improved.

(1) 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% MoM 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.

Kuo believes the improved production will result in iPhone X shipments being 10 to 20 percent higher than he previously had expected. Some orders, previously estimated as shipping in 2018, likely being shipped before the end of the year.


Chris Hauk

MacTrast Senior Editor, and self-described "magnificent bastard," Chris Hauk owns Phoenix Rising Services and writes for everyone's favorite "bad movie" website, Big Bad Drive-In.

His first Apple product was an iPod Classic 9 years ago, and he has since added a MacBook Pro, a number of iPads, iPhones, and multiple Apple TVs to his collection.

He lives somewhere in the deep Southern part of America. Yes, he has to pump in both sunshine and the Internet.