Apple supplier predicts 500 million 5G phones in 2021

Long-time Apple supplier Murata Manufacturing says demand from Apple and others will see it supplying components for at least 500 million 5G smart phones in 2021.

One of Apple’s key iPhone component suppliers, Murata Manufacturing, reports that increased orders from smartphone manufacturers are such that it had to cancel its regular holiday break. Murata makes ceramic capacitors for the iPhone 12, amongst other devices, and says that this component is particularly in demand.”[The] situation is most severe with our cutting-edge capacitors for smartphone use,” Murata president Norio Nakajima said. “The industry had 300 million units of 5G smartphones during the current fiscal year, and I expect that to increase to at least 500 million in the next fiscal year.”

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