In a note to clients, KGI Securities analyst Ming-Chi Kuo says A KGI report says Apple will ship “only” two million to three million units of the iPhone X in the initial launch on November 3 because component shortages pushed back production schedules.
Problems with the 3D sensor have been eported, but he also cites issues with the circuit boards needed for the antenna and wide angle camera. Kuo says the “biggest hurdle” is the flexible printed circuit board for the phone’s antenna due to an initial supplier failing to pass Apple’s tests.
The analyst has reduced his fiscal fourth quarter shipment estimates of the iPhone X to 25 million to 30 million from 30 million to 35 million. However, he thinks those numbers could rise 50% in quarter one as supply catches up with demand.
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