Analysts John Donovan, Steve Mullane, and Paul Peterson of the boutique research firm BlueFin Research Partners tonight weigh in with an update on what their digging has found about suppliers to Apple (AAPL) for the presumedly forthcoming " iPhone X," a tenth-anniversary device that most assume will arrive this fall.
The authors, citing "a compilation of data and information flow from myriad sources scooped from the notebooks of our analysts," name Broadcom ( AVGO), Lumentum ( LITE), Finisar ( FNSR), and Viavi Solutions ( VIAV) as likely winners for their role in supply parts for the X.
All this presumes that the final set of features and design have been "locked" at this point, the authors write, which they believe is the case.
The sensor set-up for 3-D sensing, a basic capability to enable augmented reality, is going to Lumentum and Finisar mostly, they write:
Following on from our April 28th and May 24th Apple Churn, we have seen some recent resolution in this space. It is our belief that Lumentum (LITE) has received orders for both low- powered and high-powered solutions. Finisar (FNSR) appears to have secured orders for high-powered solutions as well, although we believe LITE will be the dominant supplier. Viavi (VIAV) looks to have a stranglehold on the filter side of the design with a sole-sourced position. POSITIVE: LITE, FNSR, VIAV; NEGATIVE: IIVI as we see little evidence of any 2017 orders at this time, HIMX on the VCSEL front.
Among other things, Broadcom would seem to have the pole position for wireless charging in the device:
Contract manufacturer Wistron has recently corroborated our belief that the next generation iPhone will support wireless charging, according to the Nikkei. Our field research has confirmed that Broadcom (AVGO) is the lead supplier. Additionally, our recent TSMC (TSM) production checks appear to corroborate significant share gains for AVGO, as their Q3 production forecasts are up 30% sequentially and more than 15% YoY. POSITIVE: AVGO.
The authors write that because of various issues with finalizing the design of the X, there's likely to be "extremely limited volume" of the thing when it is first introduced, which they presume is sometime in September.