Apple is planning to introduce the iPhone 14 series in September. In order to prevent any delays in the launch of the new device, the company has diversified its component suppliers. This not only allows the Cupertino-based technology giant to reduce its dependence on a single supplier but also gives the company a bargaining position. In addition, Apple’s list of suppliers has grown in preparation for the debut of the iPhone 14, as SG Micro, a Chinese company, has successfully completed the quality certifications required for the higher-end models of the iPhone 14.
Analyst Ming-Chi Kuo said SG Micro would likely supply the iPhone 14 Pro and iPhone 14 Pro Max with their PMICs. The fact that China is supplying Apple with components for the very first time suggests that the Chinese company’s technological capabilities have reached tier-1 status, which is required for the production of high-end consumer electronics of the premium variety.
The fact that Apple has placed orders with SG Micro for the iPhone 14 Pro and iPhone 14 Pro Max will boost the company’s revenue and earnings while also helping Apple avoid delays in iPhone deliveries owing to component shortages.