Apple analyst Ming-Chi Kuo tweeted that the tech giant is planning to move the assembly of the Apple AirPods to Hon Teng (FIT), which is a subsidiary of the Hon Hai/Foxconn Group. Foxconn is also responsible for the production of Apple iPhones, though it’s important to know that they are not solely responsible for the same. Apple iPhones are being manufactured in India, and the brand plans to scale production this year. Further, Kuo also predicts the next-gen Apple AirPods could come out in H2, 2024 or H1, 2025 and they are likely to be priced around US$ 99 (~Rs. 8,065) .
According to Kuo, Apple will be able to ensure that the new generation of the Apple AirPods may start shipping out by the second half of 2024, or the first half of 2025. The Apple Airpods may be priced at $99 (which is around ₹8,079.84). Hon Teng and Luxshare ICT will assemble the new Apple AirPods Max.
Kuo also added that the assembly of the Apple Airpods and other projects such as Hon Hai's EV business/MIH Consortium will end up being two major growth drivers for the company in the coming years. This means that Hon Teng will be a company to watch out for in the future.
In other news, Apple is also gearing up to manufacture its own in-house chips and will be phasing out Qualcomm slowly. The company is also developing its own OLED displays to decrease the reliance on third-party companies such as Samsung Display. Its first micro-LED display is rumoured to be in an upcoming Apple Watch series.