Home » Guo Mingchi: Apple Watch Series 7 mass production problem has been resolved and will be on sale as scheduled-Apple Watch

Guo Mingchi: Apple Watch Series 7 mass production problem has been resolved and will be on sale as scheduled-Apple Watch

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In the memo shared with investors, Mr. Guo Mingchi said that Apple has solved the mass production problem of Apple Watch Series 7. He said that the new Apple Watch will be mass-produced in late September and will still be on sale as planned.

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Apple Online Store (China)

Screenshot 2021-09-10 at 15-28-58[Apple Research]Apple Watch 7 will be released and mass-produced in September. The profit of Luxshare Precision’s Apple Watch business is expected to increase significantly in 4Q21.png

In the memo:

However, our latest survey points out that Apple has resolved the issue of panel module quality. Luxshare is currently increasing and replicating production lines and expects to start mass shipments in mid-to-late September.

We estimate that Apple Watch 7 and total Apple Watch shipments will significantly grow to 14–16 million units and 40–45 million units in 2021, respectively. Benefiting from the large number of Apple Watch 7 shipments, Luxshare’s Apple Watch business‘s profit in 4Q21 will significantly exceed the combined profit of 1–3Q21 and beat market expectations.

Apple Watch 7 will be released and mass-produced in September, and Luxshare Precision’s Apple Watch business profit is expected to increase significantly in 4Q21.

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