Yesterday we posted a supply chain report titled "With Phone 14 Pro models exceeding expectations, Apple has instructed Foxconn to switch iPhone production lines to keep up with demand." Today, famed Apple analyst Ming-Chi Kuo is back with more analysis relating to iPhone 14 in respect to who will benefit from this year's new high-end Pro models and more.  

Some predictions for the recent trends of Apple, iPhone 14, and supply chain

After the production line switch, iPhone 14 Pro models will account for 60–65% of the total iPhone 14 shipments in 2H22 (vs. 55–60% previously estimated).

The iPhone 14 Pro Max accounts for 30–35% of the total iPhone 14 shipments in 2H22 and is the most popular iPhone 14 model.

The iPhone product mix is improving, so Apple may offer a positive outlook for 4Q22 at the next earnings call in late October (assuming iPhone shipments won’t decline significantly after late November).

If Apple offers a positive outlook for 4Q22, the primary beneficiaries of the iPhone 14 Pro models may have potential upsides in the revenue and profit of the iPhone business in 4Q22, including:

• Sony (sole supplier of 48MP CIS)
• Largan (main supplier of the telephoto lens and the second supplier of the ultra-wide camera VCM).
• LG Innotek (sole supplier of rear CCM)
• Alps (sole supplier of the telephoto camera VCM)
• Minebea (main supplier of ultra-wide camera VCM)
• Samsung Display (almost the sole supplier of the Pro model’s panels)
• FII/Foxconn Technology (main supplier of the stainless-steel metal frame)
• Hon Hai (sole EMS of Pro models)