Ming-Chi Kuo

Ming-Chi Kuo is an analyst at TF International Securities, a financial services group in the Asia-Pacific region. He gathers intelligence from his contacts in Apple's Asian supply chain, translating the information he gleans into research notes for clients.

His research notes often provide a solid look at Apple's future plans and while he is not always correct, his predictions on future Apple products are accurate enough to make him one of the most reliable sources for Apple rumors. Kuo previously worked for KGI Securities, Concord Securities, and DigiTimes.

'Ming-Chi Kuo' Articles

Kuo: iPhone 11 Pro and iPhone 11 Pro Max Have Accounted for Combined 55% of Pre-Orders

Yesterday, noted Apple analyst Ming-Chi Kuo said that iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max pre-orders have been better than expected so far, noting that demand for the higher-end iPhone 11 Pro models is particularly strong in the United States due to trade-in and financing options. In a follow-up research note with TF International Securities today, seen by MacRumors, Kuo now specifies that the iPhone 11 Pro and iPhone 11 Pro Max models have accounted for 55 percent of pre-orders to date. By extension, that would mean the lower-priced iPhone 11 has comprised 45 percent of pre-orders. Kuo notes that shipment volumes of the higher-end OLED display models are "better than last year." A year ago, he estimated the iPhone XS and iPhone XS Max would account for a combined 40-45 percent of 2018 iPhone lineup shipments. While the iPhone 11 should be the best-selling iPhone of the 2019 lineup, Apple's push towards monthly installments like the iPhone Upgrade Program may be convincing more customers to opt for the higher-priced models, as the $999-plus price tags are less steep when they are spread out over two years. Apple no longer shares iPhone pre-order figures, nor has it ever disclosed iPhone sales on a model-by-model basis, so it is unclear how Kuo's "survey" results are determined, but Apple's online shipping estimates are one factor. In today's note, Kuo also reiterated that 2020 iPhones will feature 3D sensing time-of-flight rear cameras with 7P

Kuo: iPhone 11 Order Demand Better Than Expected, New Colors Particularly Popular

iPhone 11 and iPhone 11 Pro order demand is ahead of expectations since the start of pre-orders on Friday, according to a research note by Apple analyst Ming-Chi Kuo and obtained by MacRumors. Basing his analysis in part on Apple's online shipping estimates, Kuo believes demand is "significantly stronger" for the iPhone 11 in the new green and purple colors and the iPhone 11 Pro in midnight green, but he notes that the latter model is facing production issues and is currently constrained. The shipping times of midnight green iPhone 11 Pro, green iPhone 11, and purple iPhone 11 are all two–three weeks or longer. The shipping times of other colors are roughly shorter than ten days. It should be noted that the glass casings of midnight green models are currently facing production issues; therefore, it makes the shipping time longer.Kuo sees demand for the more expensive iPhone 11 Pro being higher in the U.S., while the cheaper iPhone 11 series is doing particularly well in the Chinese market. As a result, TF Securities has increased its forecast of iPhone 11 shipments in 2019 to 70–75 million units (versus the previous 65–70 million units), and predicts the iPhone supply chain will grow steadily in the fourth quarter. Kuo believes the iPhone 11 is an excellent upgrade choice for iPhone 6/6s/7 users, especially because of its lower price, which is roughly equivalent to 1–1.3 times the average monthly salary in China. Kuo says this is

Kuo Shares 2019 iPhone Expectations: 18W USB-C Charger for Higher-End Models, Bilateral Wireless Charging Might Not Happen

Apple analyst Ming-Chi Kuo this afternoon sent out a note to investors recapping his expectations for Apple's 2019 iPhone lineup, which is set to be unveiled during tomorrow's September 10 event. Much of what's included in the note, which was seen by MacRumors, covers predictions that we've previously heard many times, though Kuo offers up details on some rumors that were previously not confirmed, along with some new information on the potential bilateral wireless charging feature and the USB-C chargers we've heard about. Here's a roundup of the information shared in the report: New iPhones won't support Apple Pencil. New iPhones will feature a Lightning connector, not a USB-C port. 5.8 and 6.5-inch OLED models will ship with an 18W adapter with a USB-C connector. The 6.1-inch LCD iPhone will continue to ship with a 5W power adapter with a USB-A connector. The new iPhones may not support two-way wireless charging after all "because the charging efficiency may not meet Apple’s requirements." Design and notch of new iPhones to be unchanged. New colors expected (likely referring to the new colors for the XR). Triple-lens cameras for the 5.8 and 6.5-inch iPhones. All three iPhones will offer ultra-wideband support for improved indoor navigation and object tracking purposes. Ultra-wideband support is perhaps one of the most interesting changes that's gotten limited coverage. It's a short-range, low-power radio technology that offers more precise indoor positioning than Bluetooth LE and WiFi, which suggests that Apple's rumored Tile-like Apple

Kuo: 'Apple Tags' to Feature Ultra-Wideband Technology, Likely Far More Precise Than Tile's Trackers

Last week, MacRumors revealed new details about Apple's upcoming Tile competitor, with internal iOS 13 code suggesting that Apple plans to release small, circular "tags" that can be attached to electronic devices, backpacks, keys, and other personal belongings to keep track of their locations. Apple Tags concept by MacRumors Now, noted Apple analyst Ming-Chi Kuo has thrown his weight behind this rumor. In a research note with TF International Securities today, obtained by MacRumors, Kuo said he expects Apple's tags to feature ultra-wideband or "UWB" technology. As he has said previously, Kuo also expects all three 2019 iPhones to support UWB. Ultra-wideband is a short-range, low-power radio technology that is able to provide more precise indoor positioning than Bluetooth LE and Wi-Fi, suggesting that Apple's tags will be more accurate at pinpointing the location of lost items than Tile's current item trackers, which rely on Bluetooth LE. The distance between two UWB devices — such as an upcoming iPhone and Apple Tag — can be measured precisely by calculating the time that it takes for a radio wave to pass between the two devices, according to Electronic Design, which notes that UWB is up to 100× more accurate than Bluetooth LE and Wi-Fi:In practice, UWB signals are able to effectively measure distance between two devicesNo with 5- to 10-cm accuracy, compared to roughly 5-m accuracy for Wi-Fi and Bluetooth. When implemented in a system of fixed beacons tracking tag locations, the locations can be calculated to within 10-cm accuracy.It is unclear if Apple's tags

Kuo: Apple Watch Series 5 Lineup to Launch in Fall With OLED Displays Supplied by Japan Display

Japan Display will supply OLED displays for new Apple Watch Series 5 models slated to launch in the second half of 2019, according to the latest prediction from well-known analyst Ming-Chi Kuo. In a research note with TF International Securities shared with Chinese media outlets today, Kuo forecasted that Japan Display will gradually increase its proportion of OLED display orders for the Apple Watch, starting with 15-20 percent of orders in 2019 and reaching 70-80 percent in 2021. Kuo believes that Apple will also gradually increase the proportion of LG's supply of OLED displays for iPhones, and tap Chinese manufacturer BOE as an additional supplier, in a bid to diversify its supply chain. Apple Watch Series 5 models will likely be unveiled next month alongside a trio of new iPhones. This would hardly be a surprise, as Series 1 through Series 4 models all launched in September, but specific rumors about Series 5 models have actually been relatively quiet, so this is nice reassurance. For example, Kuo previously said a "new ceramic casing design" would be "added" to the Apple Watch lineup, but he did not explicitly mention Series 5 models. Reuters also reported that Japan Display would begin supplying OLED displays for the Apple Watch, but likewise did not specify Series 5 models. Looking farther ahead, rumors suggest that Apple Watch Series 6 models will adopt MicroLED displays in

Kuo: 2021 iPhone Will Feature Fingerprint-Sensing Display in Addition to Face ID

Apple will launch an iPhone equipped with both Face ID and an on-display fingerprint sensor in 2021, according to a new investor note by Apple analyst Ming-Chi Kuo and obtained by MacRumors. Kuo's prediction is based on Apple's patents related to fingerprint on display (FOD) and the continued use of the technology in Android smartphones, which together suggest to him that Apple will opt to bring fingerprint scanning back to its smartphone screens. In terms of technology, we predict that four critical technical issues of FOD will significantly improve in 12–18 months, including module thickness, sensing area, power consumption, and lamination yield rate. Therefore, we believe that Apple will launch the new iPhone equipped with both Face ID and FOD to enhance security and convenience thanks to the multi-biometrics.Apple has effaced fingerprint recognition entirely in its flagship smartphone lineup, which includes the iPhone XS, iPhone XS Max, and LCD-based iPhone XR. Chinese mobile vendors meanwhile have gone in the opposite direction and extended the adoption of in-display fingerprint sensing technology from their premium smartphones to mid-range models, where they've proved just as popular. Apple was widely rumored to be attempting to integrate Touch ID under the display on 2017's iPhone X, but the company ditched any form of fingerprint scanning after hitting "early line of sight" with Face ID. However, Kuo argues that Face ID and FOD technologies are "complementary, not competitive," because multi-biometrics would offer authentication processes in

Kuo: Apple Likely to Absorb Any US Tariff Cost Increases on iPhone, iPad, and Mac

Apple's domestic pricing and shipment forecasts aren't likely to be impacted by U.S. tariffs thanks to "proper preparations" made by the tech giant, according to a new investor note by Apple analyst Ming-Chi Kuo and obtained by MacRumors. Financial markets were rattled last week by President Donald Trump's surprise announcement of 10 percent tariffs on $300 billion of Chinese imports, effective September 1, in retaliation for moves by the Chinese government. It's still unclear if Apple's products will come under the tariffs on toys, games, and consumer electronics, but if they do, Kuo believes Apple will absorb most of the additional costs in the mid-short term while increasing its non-Chinese production locations to avoid rising costs in the long run. In the mid-short term, if Apple absorbs most of the additional costs due to tariffs, there will be a negative impact on its profits from its hardware business, but the company will reap benefits in its brand image and relationships with suppliers. We also believe that the negative impact on Apple are limited and temporary because the profit from service business is growing, and non-Chinese production locations will gradually increase.Apple has been expanding production in India and Vietnam as part of a strategy to diversify product manufacturing beyond China. Kuo thinks Apple's non-Chinese production locations could meet most of the demand from the U.S. market after two years. Specifically he believes iPhone, iPad, and Apple Watch manufacturing could meet demand as early as next year, but adequate Mac production

Two Upcoming 2020 iPhones to Feature Time-of-Flight 3D Sensing Rear Cameras

Two of the iPhones set to be released in 2020 will feature 3D sensing rear camera setups with time-of-flight (ToF) camera lenses, according to Apple analyst Ming-Chi Kuo who shared the info in a note to investors that was obtained by MacRumors. A time-of-flight camera system measures the time that it takes for a laser or LED to bounce off of objects in a room, providing an accurate 3D map of the surroundings. All three of the new iPhones are also expected to feature a front-facing camera system with Face ID, which deviates a bit from some rumors that have suggested an under-display fingerprint sensor could be coming to some 2020 iPhone models.We predict that three new 2H20 iPhone models will all be equipped with front Face ID, and two of the new models will provide rear ToF. We estimate that shipments of iPhone models equipped with front and rear VCSEL (front structure light and rear ToF) will be 45mn units in 2020.We've previously heard multiple rumors suggesting a time-of-flight camera system for the 2020 iPhones, including info from Kuo himself, but this is the first time that he's specified that he expects the 3D sensing camera system to be available in just two of the three upcoming 2020 iPhones. Kuo goes on to say that a rear time-of-flight camera would bolster photo quality and offer new and improved AR applications. Apple and Huawei are believed to be the "most aggressive brand vendors" supporting 5G and ToF in 2020. The current 3D sensing capabilities used in the front-facing True Depth camera system rely on infrared cameras and a dot projector to

Kuo: All Three iPhones Coming in 2020 Will Support 5G

The three iPhones expected to launch in 2020 will feature support for 5G, according to a new note to investors shared today by Apple analyst Ming-Chi Kuo and obtained by MacRumors. Kuo originally said that two of the three new iPhones coming in 2020 will support 5G, but now believes that Apple will offer 5G in all models to better compete with lower-cost Android smartphones that will support 5G. Kuo also says that following Apple's acquisition of Intel's smartphone modem chip business, Apple has more resources for developing the 5G iPhone. We now believe that all three new 2H20 iPhone models will support 5G for the following reasons. (1) Apple has more resource for developing the 5G iPhone after the acquisition of Intel baseband business. (2) We expect that the prices of 5G Android smartphones will decline to $249-349 USD in 2H20. We believe that 5G Android smartphones, which will be sold at $249-349 USD, will only support Sub-6GHz. But the key is that consumers will think that 5G is the necessary function in 2H20. Therefore, iPhone models which will be sold at higher prices have to support 5G for winning more subsidies from mobile operators and consumers' purchase intention. (3) Boosting 5G developments could benefit Apple's AR ecosystem.Kuo says that he expects all three new iPhone models coming in 2020 to support both mmWave and Sub-6GHz spectrum to meet the requirements of the American market, but it is not clear if Apple will launch a 5G iPhone that only supports Sub-6GHz, which would allow for a lower price. He says Apple may not

Apple Expected to Adopt Keyboard With Scissor Mechanism for Upcoming 16-inch MacBook Pro

Apple is planning to use a scissor mechanism rather than a butterfly mechanism for its upcoming 16-inch MacBook Pro, Apple analyst Ming-Chi Kuo said today in a note to investors that was obtained by MacRumors. Kuo continues to believe the 16-inch MacBook Pro will come in the fourth quarter of 2019, and now, he says Apple will use the more durable scissor mechanism that he previously said would not be used in the MacBook Pro lineup until 2020. We have revised our prediction that the keyboard of the 16-inch MacBook Pro that will launch in 4Q19 will feature the scissor mechanism instead of the butterfly mechanism. The refresh versions of other MacBook models in 2020 will change to adopt the scissor mechanism keyboard, too. We estimate that shipments of MacBook models that choose scissor mechanism keyboards will reach 400k, 10mn, and 16mnunits, respectively.Kuo believes that after the 16-inch MacBook Pro launches, future Macs coming in 2020 will also swap over to a scissor mechanism rather than a butterfly mechanism, resulting in more durable keyboards that are not as prone to failure from heat, dust and other small particulates. A chart from Kuo listing a launch timeline for new Macs with the scissor keyboard. Click to enlarge. In a previous note, Kuo said that the scissor mechanism that Apple will use will improve the typing experience by offering longer key travel and better durability by adopting a glass fiber for a reinforced structure. A keyboard with a scissor mechanism will be thicker than the

Kuo: Apple to Use New Scissor Switch Keyboard in Future MacBooks, Starting With 2019 MacBook Air Refresh

Apple analyst Ming-Chi Kuo believes Apple will do away with its controversial butterfly mechanism keyboard in future MacBooks, beginning with a refreshed MacBook Air later this year. In a report obtained by MacRumors, Kuo says Apple will instead use a new keyboard design based on scissor switches, which should provide better key travel and durability than the more failure-prone butterfly keyboard. There have been successful developments in the new scissor keyboard. The new keyboard could improve the typing experience by offering longer key travel and durability by adopting glass fiber to reinforce the keys' structure. Kuo believes a new scissor switch keyboard will also be used in the MacBook Pro, but not until 2020. Perhaps tellingly, Kuo made no mention of the 16-inch MacBook Pro he has previously suggested Apple will launch later this year. We believe the partially refreshed MacBook Pro models will also adopt a new scissor keyboard in 2020; shipments of MacBook models equipped with a new scissor keyboard will grow 500–700% YoY in 2020. Though the butterfly keyboard is still thinner than the new scissor keyboard, we think most users can't tell the difference. Furthermore, the new scissor keyboard could offer a better user experience and benefit Apple's profits; therefore, we predict that the butterfly keyboard may finally disappear in the long term.Apple's butterfly keyboards are highly controversial and have been called out as one of the company's worst design decisions due to their penchant for failure due to small particulates like

Kuo on 2020 iPhones: 5.4-Inch and 6.7-Inch Models With 5G, 6.1-Inch Model With LTE, All With OLED Displays

Apple plans to release three new iPhones in the second half of 2020, including high-end 5.4-inch and 6.7-inch models with OLED displays and a lower-end 6.1-inch model with an OLED display, according to analyst Ming-Chi Kuo. Those display sizes line up with a DigiTimes report from a few months ago. In a research note obtained by MacRumors today, Kuo said the 5.4-inch and 6.7-inch models will support 5G, while the 6.1-inch model will support up to LTE. Qualcomm is still expected to be Apple's primary supplier of 5G modems, with RF power amplifiers supplied by Broadcom as part of an agreement with Apple. Excerpts from Kuo's research for TF International Securities:We expect that the new 2H20 iPhone lines will include the high-end 6.7-inch and 5.4-inch OLED iPhone models and the low-end 6.1-inch OLED iPhone. The 6.7-inch and 5.4-inch OLED iPhone models will likely support 5G. We expect that the PA usage of each 5G iPhone will be 200% more than the current number for iPhone models. Sole suppliers, including Broadcom (designer) and Win-semi (manufacturer), are the significant winners in this case. […] We believe that the content of Apple and Qualcomm's previous settlement includes Qualcomm's release of partly 5G baseband chip source code to Apple for Apple's development of own 5G PA/FEM. Kuo believes that all new iPhones will support 5G starting in 2021. He also believes that Apple will have its own 5G modem ready by 2022 to 2023, which should reduce its dependance on Qualcomm. The new 5.4-inch and 6.7-inch sizes suggest that Apple may be planning to shrink the

Kuo: 2019 iPhones and New iPad Pro Models in Late 2019 to Early 2020 to Adopt New Antenna Technology

Apple plans to use modified-PI (MPI) material for most antennas in 2019 iPhones, rather than the liquid crystal polymer (LCP) material used for the iPhone XS, iPhone XS Max, and iPhone XR antennas, according to the latest research note from reputable analyst Ming-Chi Kuo, obtained by MacRumors. Kuo believes that LCP limits the RF performance of the iPhone XS, iPhone XS Max, and iPhone XR antennas due to current technology limitations and production issues. This puts the RF performance of MPI material at least on par with LCP, despite MPI being easier and cheaper to produce. While switching to MPI material for 2019 iPhone antennas appears to be a no-brainer decision for Apple, Kuo expects that LCP will still be the primary material for 5G antennas in 2020 iPhones, as he believes that the production issues limiting the RF performance of LCP will be resolved by then. In today's note, Kuo also said he expects Apple to use LCP material in future iPad models, starting from the late fourth quarter of 2019. In a separate research note last month, which has only been seen by Taiwanese media so far, Kuo said two new iPad Pro models with the same 11-inch and 12.9-inch screen sizes as the current models will enter mass production between the fourth quarter of 2019 and the first quarter of 2020. Kuo said those new iPad Pro models will feature flexible circuit boards using LCP, but we've yet to receive that research note in English, so we cannot confirm any further details at this

Kuo: Two New AirPods Models Likely in Late 2019 to Early 2020, Including One With 'All-New Design'

Apple will likely launch two new AirPods models as early as the fourth quarter of 2019, according to analyst Ming-Chi Kuo. In his latest research note, obtained by MacRumors, Kuo forecasts that two new AirPods models will likely go into mass production between the fourth quarter of 2019 and the first quarter of 2020, with Luxshare, Goertek, and Amkor expected to be Apple's primary suppliers of the new earphones. Kuo believes one of the new AirPods models will feature an "all-new form factor design" and a "higher price" than the second-generation AirPods, which cost $159 with a standard charging case and $199 with a wireless charging case. The other model is expected to be a more iterative update with the same pricing. Both new AirPods models are said to adopt a new system-in-package design internally, which can improve assembly yield rates, save space internally, and reduce costs, but Kuo does not elaborate on outward-facing design changes. The lead excerpt from Kuo's research note:We expect Apple will likely launch two new AirPods models in 4Q19 at the earliest. One is the all-new form factor design at a higher price. The other's outlook and price will be the same as the current model's. A common internal design factor of these two new AirPods will be to abandon the current "SMT+RFPCB" design and change to adopt the SiP design instead for improving assembly yield rates, saving internal space and reducing cost.Kuo is "positive on the demand for AirPods" and

Kuo: 2020 iPhones to Support 5G, Qualcomm and Samsung Likely to Supply Modems

2020 iPhones will support 5G networks, with chipmaker Qualcomm likely to be one of two 5G modem suppliers for the devices after settling its high-profile legal battle with Apple last week, according to analyst Ming-Chi Kuo. Interestingly, Kuo expects Samsung to be the other supplier in select markets. Apple frequently aims to diversify its supply chain in an effort to reduce risk and have improved bargaining power, potentially reducing its costs as multiple suppliers engage in a price war to secure the lucrative orders. An excerpt from Kuo's latest research note, obtained by MacRumors:Apple and Qualcomm's end of patent dispute and entrance into a six-year licensing deal implies new 2H20 iPhone models will support 5G; Qualcomm and Samsung are potential 5G baseband chip suppliers: The market was worried that Intel's disappointing 5G baseband chip development might be the most severe uncertainty for the new 2H20 iPhone models' adoption of 5G. But we believe the uncertainty has been removed after Apple and Qualcomm's end of patent dispute and entrance into a six-year licensing deal, and Intel's announcement that it will exit the 5G baseband chip business. We expect Apple will likely adopt 5G baseband chips made by Qualcomm (focus on mmWave markets) and Samsung (focus on Sub-6GHz markets) for lowering supply risk, reducing costs and having better bargaining power.Kuo believes that 5G will be a boon for both iPhone sales and Apple's supply chain in 2020. He forecasts total iPhone shipments of 195–200 million units in 2020, including 70–75 million 5G models released

Kuo: 2019 iPhones to Feature 12MP Front Cameras, Special Black Coating to Hide Lenses, and More

All three 2019 iPhones will feature 12-megapixel single-lens front cameras, up from 7-megapixels on the iPhone XS, iPhone XS Max, and iPhone XR, according to the latest research note from well-known analyst Ming-Chi Kuo. The note, obtained by MacRumors, adds that the next iPhone XS and iPhone XS Max models with 5.8-inch and 6.5-inch OLED displays respectively will also feature triple-lens rear cameras, including a 12-megapixel telephoto lens, 12-megapixel wide-angle lens, and a 12-megapixel super-wide-angle lens supplied by Sony:We forecast the camera upgrade will be one of the new 2H19 iPhone's major selling points. Critical spec upgrades are as follows. (1) Rear cameras of 6.5-inch OLED, 5.8-inch OLED, and 6.1-inch LCD will likely upgrade to triple-camera and dual-camera, respectively. A super-wide camera will be newly adopted by the triple-camera system, which is equipped with the 12MP/1um CIS provided exclusively by Sony. (2) The front camera of all three new iPhone models will likely upgrade to 12MP CIS+5P lens (vs. current 7MP CIS+4P lens).Kuo believes the next iPhone XR with a 6.1-inch LCD display will sport a dual-lens rear camera, as the WSJ previously reported, although he did not provide megapixels or any other camera specifications for that model. The rear camera on the current iPhone XR is a single 12-megapixel wide-angle lens. Kuo says the rear super-wide-angle lens and front camera lens on the next iPhone XS and iPhone XS Max will adopt "black

Kuo: New 31.6" Apple Display in 2019 and 15-17" MacBook in 2021 to Feature Mini-LED Backlights [Updated]

Apple plans to launch a trio of new products with Mini-LED backlights over the next two years, including a 31.6" display in the second or third quarter of 2019, a 10-12" iPad in late 2020 or early 2021, and a 15-17" MacBook in the first half of 2021, according to well-known analyst Ming-Chi Kuo. Apple's discontinued Thunderbolt Display An excerpt from Kuo's research note, obtained by MacRumors:We believe that mini LED, compared to OLED, will be a more suitable solution to offer wide-color gamut (WCG)/high-contrast/high dynamic range (HDR)/local dimming features because of its longer life and no burn-in issues for Apple's medium- and large-size products targeting at productivity positions. We forecast that Apple will respectively launch an all-new design 31.6-inch monitor, a 10–12 inch iPad and a 15–17 inch MacBook equipped with a mini LED backlight unit (BLU) in 2–3Q19, 4Q20–1Q21 and 1–2Q21.Kuo believes that the 31.6-inch display "will target a very high-end position" and feature an "all-new design." In a previous research note, Kuo predicted that Apple would launch both a 31.6-inch display and a 16-16.5" MacBook Pro in 2019, so it's not entirely clear if the 15-17" MacBook refers to a separate notebook or if Kuo now believes the 16-16.5" MacBook Pro is coming a few years later than he originally

Two-Way Wireless Charging and Larger Batteries Coming to 2019 iPhones

Apple's 2019 iPhones are going to have a two-way wireless charging feature that will allow the iPhone to charge other devices like the AirPods, Apple analyst Ming-Chi Kuo again confirmed in a report sent out to investors today. Kuo previously mentioned the feature briefly in a February note, and today he goes into a bit more depth about the suppliers who will benefit from the feature. Two-way wireless charging as demonstrated in the Galaxy S10+ Two-way wireless charging, or bilateral charging, will let the Qi-based iPhones coming in 2019 charge another iPhone or the new AirPods with Wireless Charging Case. You'll essentially be able to charge any Qi-based device with your iPhone, as it will work as a wireless charger itself. From Kuo: We expect the new 2H19 iPhone models will support two-way wireless charging. Though the iPhone is not the first high-end smartphone to be equipped with two-way wireless charging, this new function could make it more convenient for users to charge the new AirPods and create a better integrated user experience of the iPhone and AirPods.This is a feature that Samsung has already debuted in its 2019 Galaxy smartphones, and in those devices, it's known as Wireless PowerShare. Wireless PowerShare allows the 2019 Galaxy smartphones to charge other Qi-based accessories, including the iPhone. According to Kuo, suppliers such as Compeq (will supply battery boards) and STMicro (will supply two-way wireless charging controller) stand to benefit from Apple's inclusion of two-way wireless charging as it

Kuo: Apple's AR Glasses to Launch in 2020 as iPhone Accessory

Apple's first rumored head-mounted augmented reality device could be ready by the middle of next year, according to a new report out today from Apple analyst Ming-Chi Kuo (via Economic Daily News [Google Translate]). A fanciful mockup of digital glasses via TechAcute According to Kuo, Apple's AR glasses will be marketed as an iPhone accessory and primarily take a display role while wirelessly offloading computing, networking, and positioning to the iPhone. Designing the AR glasses to work as an iPhone accessory is also expected to allow Apple to keep the glasses slim and lightweight, rather than trying to pack in all the processing hardware into the one device. Kuo believes Apple is aiming to begin mass-producing the glasses as early as the fourth quarter of this year, although he admits the timeframe could be pushed back to the second quarter of 2020. Back in November 2017, Bloomberg reported that Apple was developing an AR headset and aimed to have it ready by 2019, although the company could ship a product in 2020. The report said the headset would run on a new custom operating system, based on iOS, and dubbed "rOS" for "reality operating system." Apple has been exploring virtual reality and augmented reality technologies for more than 10 years based on patent filings. The company is also rumored to have a secret research unit comprising hundreds of employees working on AR and VR, exploring ways the emerging technologies could be used in future Apple products. Apple CEO Tim Cook has talked up the prospect of augmented reality several times, saying he

Kuo Increases Galaxy S10 Shipment Estimates Due to 'Spec Differentiation From iPhone Models'

Respected Apple analyst Ming-Chi Kuo, who works for TF International Securities, today increased his forecast of Galaxy S10 shipments by 30 percent due to better than expected pre-order demand. Kuo attributes the better-than-expected shipment momentum to several factors including spec differentiation from iPhone models. Pre-order demand for the S10 series is better than expected. Worldwide pre-order demand for the S10 series grows by 30-40% YoY compared to that for the S9 series based on our survey. Therefore, we will increase shipment estimates of the S10 series in 2019 by 30% from 30-35mn to 40-45mn units. S10+ and S10 account for 85% or more of total shipments. We believe that the better-than-expected shipment momentum of S10 series is due to (1) the market's bearish view on high-end smartphone growth, (2) spec differentiation from iPhone models, including an ultrasonic fingerprint on display (FOD), rear triple-camera, and bilateral wireless charging, (3) much better-than-expected demand in China market, and (4) trade-in programs.As Kuo points out, there are notable differences between Samsung's newest phone and Apple's current crop of iPhones. Samsung devices have a triple-lens camera setup with an ultra-wide lens, and an ultrasonic under-display fingerprint sensor. Apple is rumored to be planning to introduce a similar camera setup in the 2019 iPhones, but because it uses Face ID facial recognition instead of a fingerprint sensor, Samsung's under-display fingerprint recognition technology will continue to set it apart from Apple. Kuo believes the