Ming-Chi Kuo

'Ming-Chi Kuo' Articles Page 2

Apple Likely to Retain iPhone X Dual-Lens Camera Design for 2018 iPhones

Apple is likely to retain the all-plastic lens system used in the iPhone X for its 2018 iPhone range, according to respected analyst Ming-Chi Kuo. In a research note for KGI Securities, obtained by MacRumors, Kuo said he disagrees with market speculation that Apple will implement a 7P (seven-lens plastic) or a 2G3P (two-glass, three plastic) lens design for the rear-facing camera modules in next year's iPhone line-up. With its rear camera specs, iPhone X has managed to strike a phenomenal balance between picture quality and form factor design, in our opinion, given how far we've come today technologically. Switching from a 6P lens to a 7P lens or a 2G3P hybrid lens, with camera module design largely similar to iPhone X's, would make for only limited improvements in aperture performance, we believe. In addition, Kuo believes that moving to a new 7P or hybrid lens design would incur unnecessary risk on the supply of iPhones in 2018, and Apple is unlikely to make any manufacturing choices that could bring about a repeat of the supply constraints related to this year's iPhone X. Should Apple retain the 6P lens design on its 2018 iPhones, Kuo thinks Apple supplier Largan can expect slightly higher market share, although its leading market position will likely remain unchanged. The company commands the world's largest lens capacity, while its prowess in design and assembly can be carried toward upgrades of future generations of 7P lens or hybrid lens. The iPhone 7 Plus was the first handset to adopt the dual-lens design, which includes a wide angle and a telephoto

Ming-Chi Kuo Says 2018 iPhones Unlikely to Have Rear-Facing TrueDepth Camera System

Apple is unlikely to expand its front-facing TrueDepth system for Face ID and Animoji to the rear-facing camera module on iPhones released in 2018, according to oft-reliable Apple analyst Ming-Chi Kuo. In a research note with KGI Securities, obtained by MacRumors, Kuo said the iPhone X's 3D sensing capabilities are already at least one year ahead of Android smartphones. For that reason, he thinks Apple's focus with next year's iPhone models will be ensuring an on-time launch with adequate supply.Based on aforementioned assumptions, we do not expect 2H18F iPhones to come with rear TrueDepth Camera/3D sensing, contrary to market expectations. While we agree that a rear TrueDepth Camera/3D sensing can potentially provide more augmented reality (AR) applications, we note that Apple needs to quickly resolve two issues if it wants 2H18F iPhones to have a rear TrueDepth Camera/3D sensing, namely: (1) the development of AI and ARKit software and an ecosystem, which takes time; and (2) achieving stable shipments and on-time shipping, which are challenging due to the higher spec requirements of rear TrueDepth camera.Even without rear TrueDepth, Kuo believes 2018 iPhone models will unsurprisingly come with other tech spec upgrades to attract consumers. He has a positive view on the prospects of the new iPhone

Ming-Chi Kuo Says iPhone X's TrueDepth Production Issues Stabilizing, Won't Affect Next Year's Models

While the iPhone X has reportedly faced production issues related to the TrueDepth camera, resulting in shipment delays, respected analyst Ming-Chi Kuo said supply of components for the facial recognition system is now stable. In a research note with KGI Securities, obtained by MacRumors, Kuo added that Apple won't "repeat the mistake" of delayed production with next year's iPhone models, which he predicts will "arrive on time" under "stable supply."Apple won't repeat the mistake of supply disruption & delayed production as seen with iPhone X. We believe shipments of new 2H18F iPhones will arrive on time under stable supply in late 3Q18F. And given no major spec upgrade of TrueDepth camera on these new models, we believe Apple will continue to use the same WLO for dot projector and 4P lens of infrared camera as iPhone X. We believe the supply of both components are now stable, leaving no need to switch to other solutions.Kuo expects new iPhone models launching in the second half of 2018 to adopt the same wafer level optics for the TrueDepth system's dot projector, and the same 4P lens for the infrared camera, as the iPhone X. iPhone X pre-orders began on Friday at 12:01 a.m. Pacific Time, and shipping estimates have remained at 5-6 weeks since a few hours after that

KGI: iPhone X Production Woes Ending, but Only 2–3 Million Units Available for Launch

With just one week to go until pre-orders for the iPhone X begin, KGI Securities analyst Ming-Chi Kuo has released a new report indicating that the "worst [will] soon [be] over" with regards to production difficulties. According to Kuo, the biggest hurdle has likely been the flexible printed circuit board (FPCB) for the device's antenna, due to increased complexity and initial supply chain partner Murata's inability to meet specifications.Special materials, recipes, design, processes, equipments and tests are required for antenna FPCB, as the specifications for iPhone X antenna (supplied by Amphenol (US)) are higher than those of iPhone 8 and only Murata (JP) and Career Tech (6153 TT, NT$30.1, NR) can meet Apple's requirements. Murata (originally with a 60% order allocation or higher) won't be able to resolve its issues before 2Q18, and thus has been fully replaced by second supplier Career. We believe Career will ramp up in November, as capacity expansion takes time, and its materials, recipes, design, processes, equipments and tests are different from those of Murata.A secondary bottleneck appears to have been the FPCB for the wide-angle rear camera lens. Unlike competing dual-lens camera smartphones from Samsung and Huawei, the iPhone X's wide-angle and telephoto lenses use separate PCBs, and supplier Interflex has reportedly struggled with quality issues on the part for the wide-angle lens. The third bottleneck that has received signifcant attention in recent weeks is the TrueDepth camera's infrared dot projector, or the "Romeo" component. According to Kuo,

2018 iPad Pro Models May Feature TrueDepth Camera for Face ID

iPad Pro models set to be released in 2018 will come equipped with a TrueDepth Camera and will support Face ID, KGI Securities analyst Ming-Chi Kuo told investors in a note this morning. Kuo believes Apple will add TrueDepth cameras to the iPad Pro to introduce a user experience that's consistent with the iPhone X and boost competitiveness. With all high-end iOS devices equipped with TrueDepth Cameras, "ecosystem development" will also benefit. According to Kuo, TrueDepth Cameras will be limited to the iPad Pro, which is Apple's main flagship tablet device. Kuo also predicts 2018 iPhone models will adopt the new camera technology coming in the iPhone X, as he has mentioned in a previous note.We predict iOS devices to be equipped with TrueDepth Camera in 2018F will include iPhone X and 2018 new iPhone and iPad models. Because of this, we believe more developers will pay attention to TrueDepth Camera/ facial recognition related applications. We expect Apple's (US) major promotion of facial recognition related applications will encourage the Android camp to also dedicate more resources to developing hardware and facial recognition applications.With Apple embracing facial recognition and the TrueDepth Camera, Kuo reiterated that he expects Android smartphone makers to begin researching facial recognition technology, abandoning under-screen fingerprint recognition technology. Apple has a serious lead over its competitors though, with Kuo previously saying it will take up to 2.5 years for Android hardware to catch up with the TrueDepth camera. The iPhone X, Apple's

Apple's Face ID Turns Android Makers Away From Under-Screen Fingerprint Recognition

With its iPhone X debut and the introduction of Face ID, Apple has now tilted interest in the mobile industry away from under-display fingerprint recognition, and instead towards camera-based 3D sensing technologies as the ideal user authentication solution. That's according to the latest research note from respected KGI securities analyst Ming-Chi Kuo. According to the new note seen by MacRumors, inquiries by Android smartphone vendors into 3D-sensing technologies have at least tripled since Apple unveiled its TrueDepth camera and Face ID technology, which replaces traditional Touch ID fingerprint recognition in the iPhone X, set to launch in November. While under-display optical fingerprint recognition is only a spec upgrade from capacitive solutions, 3D sensing embodies a revolutionary user experience and warrants a premium on gross margin. 3D sensing not only enables facial recognition in security applications and allows users to create fun expressions like Apple's Animoji, on a more important level, it is a key factor in the development of AR. We therefore believe brand vendors are willing to spend more for related components.Currently, the solutions available to Android phone vendors are said to be from Qualcomm and Himax, Orbbec, and Mantis Vision, with the more mature Qualcomm-Himax solutions attracting the most attention. Kuo went on to say he believes the next two to three years will see shipments of 3D sensor-equipped Android devices to exceed those with under-display fingerprint recognition by a factor of two or three or more. This will be mainly due

Ming-Chi Kuo Says iPhone X Supercycle Won't Really Happen Until 2018

For months, many Wall Street analysts have predicted the iPhone X will drive a significant number of existing iPhone users to upgrade. The latest word from KGI Securities analyst Ming-Chi Kuo, however, suggests the so-called "supercycle" won't truly gain momentum until 2018 due to multiple factors. Namely, Kuo said the TrueDepth camera system's reported production issues will be "significantly addressed" in 2018. He also believes new iPhone models launched in 2018 will enjoy a longer sales period than those unveiled in 2017, with next year's lineup likely to retain many of the iPhone X's appealing features. Here's the excerpt from Kuo's research note obtained by MacRumors today:The market generally refers to 2017 as the super cycle of the iPhone, but we think the real super cycle will be in 2018 for the following reasons: (1) TrueDepth Camera's production issues will be significantly addressed in 2018F; (2) new models launched in 2018F will enjoy a longer sales period than those unveiled in 2017; and (3) the product mix, specifications and designs of new iPhone models from 2018F will be more competitive. We estimate that for 2017, iPhone shipments will come in at 210-220mn units, which should grow to be 245-255mn units in 2018.Kuo estimated that once iPhone X's production issues are solved in the fourth quarter of this year, shipments will "pick up strongly" in the first half of

Kuo: Reports of iPhone 8 Sales Woes 'Overdone' and 'Excessively Negative'

Reports of lower than expected first weekend iPhone 8 sales are "overdone," KGI Securities analyst Ming-Chi Kuo told investors in a new note sent out this evening. Kuo says that based on estimates of iPhone 8 production and research data from Localytics, the market is "excessively negative" on iPhone 8 sales. According to Kuo, first weekend sales of the iPhone 8 were not weak, but stable. He believes Apple is expecting a 50/50 demand split between iPhone X and iPhone 8 and 8 Plus, and sales of the latter two devices are on target when taking that into consideration. We previously estimated the production weighting of new 2017 iPhone models at roughly 50% iPhone X and 50% iPhone 8/ 8 Plus. This matches what we believe is Apple's (US) estimate for demand. At first glance, the combined first-week adoption rate for the iPhone 8/ 8 Plus might appear low (about half that of iPhone 6s/ 6s Plus and 7/ 7 Plus). However, this is due to the fact that the iPhone X is not included, not because iPhone 8/ 8 Plus first weekend sales have been weak.Recent data from Localytics found that the iPhone 8 Plus is more popular than the iPhone 8, which Kuo says aligns with KGI's production-side observations. While sales were lower overall, the iPhone 8 Plus saw the strongest first weekend adoption rate of any Plus-sized iPhone to date.We note that production of the iPhone 8 versus 8 Plus in 3Q17F is roughly split down the middle of a total of 16-18mn units. This reflects Apple's thinking that demand for these two models will be similar, at least in the early stages. In reality, according to

TrueDepth Camera System is Primary Reason for Slow iPhone X Production

Following a report claiming Apple's suppliers are shipping only about 40 percent of the components originally planned for initial production of the iPhone X, a new report suggests the TrueDepth camera is the primary bottleneck. The word comes from KGI Securities analyst Ming-Chi Kuo, who said the facial recognition system is "far more complex" than those on competing devices, which is making it challenging for Apple to achieve mass production. An excerpt from Kuo's research note obtained by MacRumors:TrueDepth camera may be main production bottleneck of iPhone X ramp. The 3D sensing (TrueDepth camera) on iPhone X is composed of a structured-light system, time-of-flight system and a front-facing camera, which represents a far more complex structure than those of rivals. It will therefore be harder to achieve mass production. While we project iPhone X will see output ramp up meaningfully in mid/ late October, tight supply may only start to ease in 1H18F due to strong demand.Kuo said shipments of iPhone X components will likely ramp up in mid to late October. Given pre-orders begin October 27, with in-store availability starting November 3, all signs point towards the iPhone X being in extremely short supply. Kuo believes iPhone X pre-orders have the potential to exceed 40-50 million units, so it's clear the device won't achieve supply-chain balance for quite

Kuo: If Face ID is 'Well Received,' It's Likely 2018 iPhones Will Fully Adopt TrueDepth Camera

KGI Securities analyst Ming-Chi Kuo this afternoon published a new research note for investors where he speculates about what Apple might do in future iPhones regarding Touch ID and Face ID. Investors, like many of us, are curious whether Apple plans to eliminate Touch ID in favor of Face ID, embrace a dual biometric solution, or swap back to Touch ID once a viable under display solution is available. Kuo believes Apple's future plans will hinge on whether or not Face ID is well received by the public. A key question on the minds of many investors is whether the new iPhone models to be launched in 2018 will support Touch ID (fingerprint recognition). We believe the key factors are: (1) whether or not Face ID (facial recognition) of iPhone X provide a positive user experience; and (2) the technical issues that Apple (US) will have to address with an under-display fingerprint solution. We believe Apple will replace the existing Home button-based Touch ID with the under-display solution for higher screen-to-body ratios, if it decides to bring back Touch ID.Should Face ID be well received by consumers who purchase the iPhone X, Kuo believes there's a higher likelihood 2018 iPhone models will adopt the TrueDepth Camera and support Face ID. Should Apple choose to return to Touch ID as either a dual biometric solution or a Face ID replacement should Face ID not fare well, Kuo believes any forthcoming Touch ID option will be built under the iPhone's display. 3D Touch, though, will make it challenging for Apple to develop an under-display solution.This is because the

Ming-Chi Kuo Says iPhone X Unlikely to Reach Supply-Demand Balance Until Next Year

While the iPhone X launches November 3, with pre-orders beginning October 27, reliable analyst Ming-Chi Kuo believes Apple's high-end smartphone won't achieve complete supply-demand equilibrium until next year. In his latest research note with KGI Securities, obtained by MacRumors, Kuo said customer demand for the iPhone X won't be fully met until at least the first half of 2018 due to supply constraints.We believe the fullscreen design and facial recognition features will drive replacement demand for the iPhone X. However, due to supply constraints, we expect market demand won't be fully met before 1H18. We revise down our forecast for 2017F iPhone X shipments from 45-50 million to around 40 million units, but we therefore revise up our 2018 iPhone X shipment estimate to 80-90 million units.In fewer words, getting an iPhone X in your hands may prove especially challenging this holiday shopping season. In addition to supply constraints, Kuo said the reason why iPhone X pre-orders won't begin for another six weeks is likely because Apple doesn't want to cannibalize sales of the iPhone 8 and iPhone 8 Plus. iPhone 8 and iPhone 8 Plus pre-orders began at 12:01 a.m. Pacific Time today. The devices launch Friday, September 22. Earlier this week, Kuo said Apple's iPhone X production was less than 10,000 units per day, but the yield may be increasing as Apple ramps up mass production. He anticipated the iPhone X will remain in "severe short supply for a while." Kuo also anticipated that a gold iPhone X would encounter some production problems and initially be

Ming-Chi Kuo: iPhone X Production Currently Just <10K Units Per Day, Blush Gold Color May Launch Later

KGI Securities analyst Ming-Chi Kuo issued a research note to investors today in which he said Apple's current iPhone X production totals less than just 10,000 units per day. For this reason, Kuo anticipates the iPhone X will remain in "severe short supply for a while" following its expected launch later this month. Kuo also anticipates that the so-called "Blush Gold" colored iPhone X will encounter some production problems and will initially be available only in "extremely low volume." He said there is even a chance that the gold version will go on sale at a later date than the other colorways, which are rumored to be silver and black. Here's the excerpt from Kuo's research note obtained by MacRumors:Due to component supply constraints, we estimate current production of the OLED iPhone at less than 10k units per day, which means the model will remain in severe short supply for a while. Furthermore, we estimate that the gold version of the OLED iPhone will encounter some production problems and will initially be available only in extremely low volume. There is even a chance that the gold version will go on sale at a later date than the other versions. However, we believe these shipment delays will have a limited impact on the shares of Apple and its supply chain members.Apple is expected to unveil the iPhone X, a new Apple TV with 4K video, and Apple Watch Series 3 models with LTE at its first-ever event at Steve Jobs Theater tomorrow. Join us at 10:00 a.m. Pacific Time for complete

KGI: All iPhone X Colors Will Have Black Bezels to Ensure 'Better Aesthetic Design'

KGI Securities analyst Ming-Chi Kuo has a new prediction about how Apple will design the front of the "iPhone X." Kuo believes that no matter the color of the device's casing, the front bezels will be black. This will ensure "better aesthetic design," hiding the front-facing camera sensors on the iPhone X's notch, which would otherwise stand out as little black dots on a white bezel. This means that instead of white bezels on a silver or gold iPhone X (as seen above), Kuo argues that black bezels on every version of the new smartphone will better blend into the 5.8-inch OLED display and sensor notch. The iPhone X is expected to come in a limited number of colors, including silver, "blush gold", and black. The same report highlights the "biggest selling point" of the new OLED iPhone X -- 3D sensing -- including a break down of all the components that will be working together on the front-facing sensor bar. From left to right there's the structured light receiver, proximity sensor, ambient light sensor, front camera, and structured light transmitter. Kuo noted that the ambient light sensor is not directly required for 3D sensing, although it can help to improve 3D sensing performance in some capacity. The report further breaks down these sensors, and offers an analysis of the source of each module. The structured light transmitter module was made by LG Innotek, includes a vertical-cavity surface-emitting laser designed by Lumentum, and has half a dozen other individual components: epitaxial wafers, diffractive optical element, wafer level optical, filter, and

Apple Watch Series 3 Unlikely to Support Direct Phone Calls, but VoIP Calling a Possibility

The third-generation Apple Watch, set to launch this fall with LTE support for the first time, is unlikely to support phone calls, KGI Securities analyst Ming-Chi Kuo told investors in a note shared this morning. According to Kuo, while a voice service that replaces the iPhone's calling functionality is "feasible," he believes Apple must first work on improving the "user experience of data transmission." As a result, he says the Apple Watch "probably" won't support traditional phone calls "this year." The watch could, however, support VoIP services like FaceTime and Skype, as FaceTime audio calling is already supported on current Apple Watch models.This has two benefits: (1) negotiations with mobile operators will be more simple and the chances of cooperation with mobile operators will improve; and (2) 3G connectivity can be scrapped, simplifying the antenna design and facilitating internal design. However, we think there is a chance that users may use LTE Apple Watch to access VoIP services, such as FaceTime and Skype.Kuo also says that based on a lack of internal space, the LTE Apple Watch is likely to use an eSIM instead of a physical SIM slot, with the device set up to share the same phone number with an iPhone. He warns that LTE connectivity in the Apple Watch could be limited to specific countries and markets as not all mobile operators support that particular business model. Rumors have already suggested that the major carriers in the United States, including Verizon, AT&T, and T-Mobile, will support and sell the upcoming LTE Apple Watch. Though Apple

Apple Watch 3 Won't Have 'Obvious Change' to Form Factor, LTE to Be Main Selling Point

The third-generation Apple Watch, expected to be introduced alongside new iPhones this fall, does not feature an obvious change to form factor, according to KGI Securities analyst Ming-Chi Kuo. In a new note shared with investors this afternoon, Kuo says LTE connectivity will be the main selling point of the new device. The Apple Watch will keep the same two case sizes, 38mm and 42mm, and will be available in LTE and non-LTE versions, much like the iPad. Previous rumors have suggested the major carriers in the United States will offer add-on cellular service for the new LTE Apple Watch, and the plans may work similarly to iPad data plans. Kuo believes shipments of the new Apple Watch models will reach 8 to 9 million units in the second half of 2017, with the LTE model to account for 35 to 40 percent of shipments. Overall, he forecasts 17.5 to 18 million units shipped in 2017, up 70 percent year-over-year. According to Kuo, to drive major growth, Apple needs to introduce a radical form factor change, more FDA approvals supporting medical and health applications, and 5G commercialization. Bloomberg first suggested the third-generation Apple Watch would include support for LTE in early August, allowing the wrist-worn device to be uncoupled from the iPhone for the first time. Following Bloomberg's report, Daring Fireball's John Gruber said he had heard from a "little birdie" that the third-generation Apple Watch would feature an "all-new form factor," but he warned that the information might be inaccurate. Based on Kuo's report and a lack of rumors

All 2017 iPhones to Come in Only Three Colors, Launch Simultaneously in September

Apple's upcoming 2017 iPhones, including the "iPhone 8," the iPhone 7s, and the iPhone 7s Plus, will be available in just three colors -- black, silver, and gold -- according to a new investor note shared today by respectable KGI Securities analyst Ming-Chi Kuo. Kuo previously said the iPhone 8 would be available in a limited number of colors, but made no mention of its two companion devices. His three color list seemingly matches up with an iPhone 8 dummy model leak that we saw earlier this week, but one of the dummy model shades displayed was more of a copper than a gold, so it's not clear if it's an accurate depiction of the colors we can expect. If Apple does plan on introducing the iPhone in just three hues this year, we won't be seeing rose gold or the multiple shades of black that were available in the iPhone 7. According to Kuo, all three iPhone models expected in 2017 will also support fast charging, but he warns that consumers may need to purchase a Type-C power adapter to enable faster charging. The current iPad Pro has a similar feature -- it uses the MacBook's $49 29W USB-C power adapter for fast charging. Kuo now believes Apple will begin production verification tests on the iPhone 8 in late August, leading to mass production in mid-September, which is earlier than Kuo's previous estimates that suggested mass production might not begin until the middle of October. With mass production starting earlier, Kuo expects Apple will announce all three iPhone models simultaneously in September, with plans to launch them all on the same date. The OLED

Apple Pressing LG to Add OLED Display Production for 2018 iPhone, Limiting Samsung's Leverage

Amid reports Apple is investing billions of dollars to help LG begin production of OLED displays for future iPhones, KGI Securities analyst Ming-Chi Kuo has issued a new report sharing his take on the situation. According to Kuo, the OLED display panel for this year's "iPhone 8" has been the "single most troublesome component for Apple in terms of bargaining power," as Samsung is currently the only company with design and production capabilities to make the displays. To counter Samsung's advantage, Apple is working hard to support LG's efforts to ramp up similar expertise and capabilities.We think Apple is therefore committed to having LGD geared up for its OLED iPhone display business in 2018 as it seeks to reduce supply risks. Even though LGD may likely start off with minimal initial penetration in 2018 (we estimate no more than 4-6%), the effort, with the full commitment of both Apple and LGD, will help LGD mature during the process and steadily gain supply share from 2019 onward. This will in turn continuously boost Apple’s bargaining power on OLED prices.Kuo predicts LG will capture 10–20 percent of iPhone OLED display production in 2019 and up to 20–30 percent in 2020, helping to diversify Apple's sourcing and limit Samsung's leverage. While LG will have expertise at production of the display panels themselves, Kuo predicts Foxconn subsidiary General Interface Solution (GIS) will be brought on board to assist with lamination processes. GIS would also offer expertise in production troubleshooting and vertical integration with Foxconn, so it would be an ideal

All 2017 iPhone Models Said to Include Standard 5W USB-A Adapter, With Wireless Charger Sold Separately

Well-regarded KGI Securities analyst Ming-Chi Kuo this morning released a note for investors in which he made 10 predictions related to the three iPhones slated for release in 2017, including the elimination of Touch ID in the "iPhone 8." We've now gotten our hands on Kuo's full note, and it includes several additional details that were not covered in our original post. iPhone 8 renders from iDrop News First and foremost, on the topic of Touch ID, Kuo's note clearly says the iPhone 8 will not support fingerprint recognition, a prediction some MacRumors readers thought was ambiguous in the first post based on the included wording. Direct from the note:As the OLED iPhone will not support fingerprint recognition, we think it may have to rely on facial recognition to ensure security. As such, we believe Apple (US) will be very demanding as regards the quality of 3D sensing, thereby increasing the difficulties in hardware production and software design.Kuo's claim has since been backed up by Bloomberg in a report suggesting Touch ID will be replaced by advanced facial recognition technology in the iPhone 8, lending more credence to Kuo's prediction. A second tidbit suggests the iPhone 8 and its companion devices, the "iPhone 7s" and the "iPhone 7s Plus" will all adopt glass bodies with metal frames to facilitate WPC-standard wireless charging functionality. WPC-standard refers to the Wireless Power Consortium, which supports the Qi wireless charging functionality built into many Android devices. According to Kuo, wireless charging will be enabled through an

Ming-Chi Kuo Predicts iPhone 8 Will Omit Touch ID Entirely, Come in Limited Color Options

KGI Securities analyst Ming-Chi Kuo today made ten predictions related to the 2017 debut of the "iPhone 8," "iPhone 7s," and "iPhone 7s Plus," which are expected to be announced in September and launch sometime afterwards (via StreetInsider). Kuo's predictions today largely fall in line with all the rumors we've been hearing about the 2017 iPhones over the past few months, with a few new tidbits that suggest the iPhone 8 will be industry-leading in terms of its edge-to-edge design, come in limited color options, and that Apple may be removing Touch ID completely from the OLED smartphone. A combination of leaked iPhone 8 parts via Benjamin Geskin According to Kuo, the iPhone 8 will have "the highest screen-to-body ratio of any smartphone currently available worldwide," thanks to a drastic reduction in bezels and an edge-to-edge display that we've recently been seeing in various renders. A "notch" for the front-facing camera and sensors will be the only noticeable part of the iPhone 8's bezel design, Kuo said. Kuo's new predictions also continue to corroborate the iPhone 8's lack of a physical Home button, but he goes on to state that Touch ID will not be incorporated into the OLED smartphone's display. The analyst didn't provide any mention of Touch ID moving elsewhere on the iPhone 8, like the back of the device or lock button as has been previously rumored and largely debunked. Kuo instead referenced advanced features like "3D sensing for facial recognition," suggesting Apple is ready to ditch Touch ID completely for a new form of biometric security. The

Ming-Chi Kuo Says Apple Likely to Unveil 10.5" iPad Pro and Touchscreen Siri Smart Speaker at WWDC

Prominent KGI Securities analyst Ming-Chi Kuo has released a "2017 WWDC highlights" report, outlining his expectations for next month's keynote event. While he expects the typical previews of the next versions of iOS, macOS, watchOS, and tvOS, he also predicts we will see several hardware-related announcements. One major debut Kuo expects to see is the long-rumored 10.5-inch iPad Pro, which he says has a greater than 70 percent chance of debuting at the event based on the timing of production ramp-up, which he sees as happening at the end of the current quarter. In line with previous rumors, Kuo believes the 10.5-inch iPad Pro will have a similar form factor as the current 9.7-inch model, squeezing in a larger display thanks to narrower bezels.The newly designed 10.5” iPad Pro will have a similar form factor to the 9.7” model, but will feature a larger display thanks to narrow bezels. The new design should improve the user experience and help gain traction in the corporate/ commercial sectors. We forecast 10.5” iPad shipments of 5.0-6.0mn units in 2017F, accounting for 15% of total 2017F iPad shipments.Kuo also reiterates his belief that there is a greater than 50 percent chance Apple will unveil its Siri smart speaker at WWDC. He previously said that the speaker may not actually launch until later in the year, but an announcement at WWDC would give developers time to begin building support for the product.In our April 28 Insight report (“Apple’s first home AI product to see cyclical shipments of over 10mn units; main competitor is Amazon Echo”), we offered