This morning, Apple analyst Ming-Chi Kuo released an important report for customers covering Apple’s second-generation mixed reality headset, Apple Watch, and AirPods, and more.
On Apple’s Mixed Reality Headset
Regarding mixed reality headsets, Kuo says Apple has already started planning for its second-generation AR / MR headset, and the shipping schedule will likely be in 2:24. Improvements for the second generation include lighter weight, form factor design, battery system and processor over the first generation which will be mass-produced at the end of the 4T22. Kuo added that Apple has a clear long-term plan for the headset products.
Luxshare-ICT will be the supplier of Apple’s second generation AR / MR headset (the first generation is from Pegatron), which stands for 1) Luxshare-
ICT is the sole supplier at least in the initial phase, and 2) the delivery of Apple’s second generation AR / MR headsets will increase significantly.
Kuo believes that Apple’s headset is an MR product that supports both AR and VR bot. This product can seamlessly switch between AR and VR to provide innovative headset experience.
The first generation helmet will likely weigh 300-400g, and we believe the improved weight will be a key selling point for the second generation.
Apple will design a new battery system optimized for headsets in 2024-2026 at the earliest to reduce weight and improve mobility.
We believe that the first generation helmet will remain the focus of new product development in 2022, and second generation helmet product development will accelerate from 2T-3T23.
In general, Luxshare ICT’s strategy in Apple’s supply chain is to only ship products in high volume, therefore We believe that the annual delivery of Apple’s second generation AR / MR headset will reach 10 million units or more.
Kuo’s forecast for Apple’s AR / MR headset shipments is 2.5-3.5 million units in 2023 and 8-10 million units in 2024.
On iPhone SE: We expect Apple to launch a new iPhone SE in 2023 with a screen larger than the 4.7 inches and 4 GB of memory of the 1:22 SE (compared to 3 GB in the 1:22 SE). We expect Luxshare-ICT to be the supplier for the iPhone SE 2023.
On Apple Watch: The new Apple Watch plan at 2:22 am includes delivery of the Apple Watch 8, the new Apple Watch SE and the extreme sports version. Luxshare-ICT will be the supplier of Apple Watch 8 and extreme sports versions.
On AirPods: Kuo expects Apple to launch the AirPods Pro 2 in 4T22, and the main chip could be significantly improved. Luxshare-ICT will be the supplier of this product.