TF International analyst Ming-Chi Kuo said today (28) that due to Apple (AAPL-USA) The price drops on iPhone 14 lenses will be more drastic than in the past, and the bargaining rate of some lenses could be as high as 20%. The profits of suppliers Largan, Yujingguang and Sunny Optical could be under pressure.
Ming-Chi Kuo pointed out that although it is normal for Apple to cut component prices, lens makers are under more pressure from Apple to bargain than before. The reason may be that the gross profit margin of lenses is higher to that of general components and Apple wants to reduce the impact of the economic downturn on profits.
Affected by the protests at the Foxconn Zhengzhou factory, Ming-Chi Kuo previously believed that total shipments of high-end iPhone 14 models would be seriously affected. iPhone 14 series shipments are estimated to be around 20% to 70-75 million units, of which high-end models will be shipped Volume is 15-20 million units lower than expected.
Ming-Chi Kuo expects production capacity of the iPhone 14 Pro series is expected to recover gradually, but overall December shipments are still significantly lower than expected.
