A key Apple Watch provider recorded report revenues in November, up greater than 20% year-on-year. The expansion is attributed to System in a Package deal (SiP) parts for the Apple Watch Series 3.
Trade sources mentioned that Taiwanese supply-chain sources expect Sequence 3 orders to hit 23-35M items subsequent yr …
The report was posted by Digitimes.
The ASE group is chargeable for packaging and testing radio frequency, Wi-Fi and MEMS chips for iPhone and Apple Watch gadgets, and is anticipated to attain report quarterly revenues within the fourth quarter of 2017, the sources mentioned.
The sources mentioned that Apple Watch 3 is more and more fashionable within the client electronics market together with its incorporating bodily train and private well being passport capabilities, with its general shipments prone to hit a brand new excessive of 25 million items in 2018.
As at all times, supply-chain studies should be handled with warning, as suppliers function on the premise of restricted info, figuring out orders solely as far forward as Apple locations them, and never essentially having any consciousness of orders positioned with competing firms.
A Foxconn subsidiary, ShunSin Expertise, was final month reported to be becoming a member of Apple’s SiP provide roster from subsequent yr, although the newest report urged that it might be extra probably to take action in 2019 as Apple seeks to diversify provide.
The Sequence 3 watch made TIME’s top ten gadgets of 2017 as Apple promotes it as a vacation present merchandise by way of four new ads. Apple additionally continues so as to add performance to its Watches by way of Apple Pay Cash and GymKit.
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