KGI Securities Expert Ming Chi Kuo guess that, Apple will stop production of iPhone 10 in this year. According to appleInsider, he predicted this.
iPhone 10 came to the market in the 10th anniversary of the Apple, which is the first iPhone device with OLED display. At the beginning, there was a big overwhelming for the new design and improved features of it.
This 1000 dollars prices iPhone was very much popular at the beginning but it was criticized also for the groove of the top screen. Apple is not very happy about so far the most expensive iPhone model. Because it did not sell as expected. And combining all of these reason Apple very much unsatisfied with iPhone 10.
The South Korean newspaper etnews confirming from their reliable sources that may be iPhone 10 will say goodbye to us within this year. The magazine specifically states that Apple will stop production of iPhone 10 in September of this year.
It is already known that, there was very less demand for iPhone 10 in the last holiday season. For this reason, in January, Apple ordered only half of the expected amount of iPhone 10 devices. Samsung has been forced to shut down its new OLED screen production factory due to its low demand because Apple had taken Samsung as a partner for the iPhone 10s OLED display. Samsung’s OLED screen making is reduced for iPhone 10s low sell. As a result, one of their factories became unemployed.
Meanwhile, China’s contract manufacturing company Foxconn, which assembles (that means adjusting all parts to make full iPhone) iPhone. The Foxconn also frustrated due to the low demand of the iPhone 10 because the work of Foxconn also reduces. As a result, the Chinese company has begun to find more work in addition to Apple’s contract to sustain itself. Some other Apple-partner companies have chosen the same path.
Another South Korean news media The Investor reported that workers of some companies which are offering iPhone parts, Apple will release 3 models of iPhone in 2018. Two of these will have OLED screen and the other has LCD screen. The possible new model iPhone names are iPhone 10 Plus and iPhone 9 or X2. One of the phones will have a 6.5-inch OLED display and other phones will have a 6 -inch LCD display.
OLED screens iPhone will be produced only 50-55 million units where last year, the iPhone 10 production target was 100 million which was not achieved by Apple due to low demand.
It came to the market last year on November 3. If the production is stopped, the iPhone 10 may not be in the market till November 3 this year.
Let’s see what the 2018 brings Apples iPhone luck!