iPhone SE 4 Cancelled, Says Analyst Ming-Chi Kuo- Benefiter of This Decision Revealed
The iPhone SE 4 cancellation and Kuo’s statement produced good results for its ‘biggest benefiter’.
According to Apple analyst, Ming-Chi Kuo, the earlier speculated release of the iPhone SE 4 in 2024 may not release. Rumours of its release as the successor of iPhone SE 3 died down pretty quickly after the tip given by the trusted analyst. Ming-Chi Kuo wrote in his blog post through Medium, “The supply chain has received instructions from Apple indicating that the production and shipment plans for the 2024 iPhone SE 4 have been canceled rather than delayed.” The reason is stated as, “concerns that the performance of the in-house baseband chip may not be up to par with Qualcomm’s”. Kuo has previously predicted that Apple would most likely cancel “the mass production plan for the 2024 SE 4”, “due to the consistently lower-than-expected shipments of the mid-to-low-end iPhones”, he wrote on Twitter.
Earlier plans to release the low-end iPhone SE 4
Apple has initially planned to release the low-end variant of the iPhone SE 4 using its baseband chip, as a tester for iPhone 16. However, the cancelation of this plan may mean the end of the SE series. Many fans of the low-end SE series had been anticipating its release.
Is this a big win for Qualcomm?
The biggest benefiter of this decision made by Apple will be Qualcomm, as it may remain the sole supplier of baseband chips for the 2H24 new iPhone 16 series. In Kuo’s opinion, “Qualcomm is expected to continue to dominate the global high-end mobile phone RF market in 2023 and 2024 at least, leading to markedly higher profits than its competitors”. Qualcomm shares increased by nearly 4% after this statement released by Kuo.
