Apple Likely to Expand Apple Watch Supply Chain Following Third Quarter Sales Growth


Apple is more likely to broaden its provide chain for Apple Watch, following vital unit progress for the wearable over the third fiscal consecutive quarter this 12 months (through DigiTimes).

Apple Watch’s total shipments are anticipated to achieve a minimum of 25 million models in 2018 and many of the gross sales can be contributed by first-time patrons as a substitute of substitute demand from customers of previous-generation fashions, the sources estimated.

During final week’s earnings name, Apple CEO Tim Cook stated Apple Watch had seen unit progress of over 50 % for the third consecutive quarter and “continues to be the best selling and most loved smartwatch in the world”.

The fiscal quarter ended September 30, so it is not clear what number of Apple Watch Series three models have been included within the recorded progress and Apple would not present a breakdown of numbers. The Apple Watch Series three was launched on September 22. Cook additionally revealed that Apple’s whole wearables enterprise was up 75 % 12 months over 12 months within the fourth quarter, and in fiscal 2017, already generated the annual income of a Fortune 400 firm.

Apple’s upstream suppliers embody Quanta Computer, Universal Scientific Industrial (USI), Career Technology, Kinsus Interconnect Technology and E&R Engineering, all of that are anticipated to see growing orders for the Apple Watch, in accordance with sources.

Foxconn affiliate ShunSin Technology has additionally just lately landed orders for offering SiP (system in package deal) packaging companies to Apple Watch and are stated to start the provision in March 2018. The incontrovertible fact that ShunSin is getting into the provision chain means Foxconn may have curiosity in acquiring Apple Watch meeting orders, in accordance with market watchers.

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