Apple’s first product to incorporate Mini LED display technology may see launch schedule later than expected due to setbacks caused by coronavirus pandemic, new research from TF Securities analyst Ming-Chi Kuo .
The new generation of Apple’s iMac Pro should incorporate a mini LED screen.
Kuo said in a note to investors on Thursday that recent supply chain checks indicated that Apple’s manufacturing partners, such as mini LED supplier Epistar and the exclusive supplier of chip and probe survey systems FitTech wafers, were preparing for mass production of LED chips in the third quarter of 2020. This will be followed by the assembly of panels and terminals in the fourth quarter, the latter phase of production possibly slipping in the first quarter of 2021.
The tech giant Cupertino was previously slated to launch a series of six new devices with LED Mini display technology by the end of 2020.
Kuo ordered Apple in March to market a 12.9-inch iPad Pro, 10.2-inch iPad, 7.9-inch iPad mini, 27-inch iMac Pro, 16-inch MacBook Pro, and 14.1 MacBook Pro inches updated this year. integrate mini LED screens. At the time, the analyst said that the development of Mini LEDs “would not be affected” by COVID-19, a forecast that seems to have been overly optimistic.
Unless there is a fallout announcement, Kuo’s revised Mini LED manufacturing estimates leave little room for the six fixtures expected to hit store shelves in 2020.
Despite a slight change in Apple’s Mini LED plans, complications from COVID-19 are not expected to have a pronounced effect on the company’s overall strategy.
“We don’t think investors need to worry too much about the extension of the Mini LED calendar because Mini LEDs are a key technology that Apple will promote over the next five years,” said Kuo. “Even if the short term schedule is affected by the new coronavirus, it will not damage the positive long term trend.”
The analyst predicts that deliveries of Apple’s Mini LED devices will experience rapid year-over-year growth of 300% in 2021 and 225% in 2022, suggesting that additional product designs are in the works.