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Ming-Chi Kuo: Goertek To Resume AirPods Pro 2 Production, Get Assembly Orders For HomePod Mini 2

Yusuf Balogun
Yusuf Balogun
Yusuf is a law graduate and freelance journalist with a keen interest in tech reporting.

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Earlier today, we reported that the TF International Securities tech analyst, Ming-Chi Kuo pointed out that AOET will start shipping lenses for iPad 4P in the second quarter of 2023 and also itemized three important growth trends worthy of attention for Advanced Optical in the future.

However, in another survey today, the tech analyst also explicitly said that most investors are worried that Goertek’s loss of orders due to AirPods Pro 2 quality problems will negatively affect existing and new Apple orders. Therefore, investors are overly pessimistic about the situation.

Ming-Chi Kuo stated that Goertek’s getting ready to resume production of AirPods Pro 2, which will help regain revenue and profit. However, aside from resuming production, the analyst also affirmed that Goertek’s AirPods 2, AirPods 3, and component orders have been confirmed not to be affected.

“Firstly, Goertek’s getting ready to resume production of AirPods Pro 2, which will help regain revenue and profit. Secondly, Goertek’s AirPods 2, AirPods 3, and component orders have been confirmed not to be affected, said Ming-Chi Kuo.”

At the same time, Ming-Chi Kuo acknowledged that Goertek has secured NPI and assembly orders for HomePod mini 2, which will start mass shipments in the second half of 2024. Accordingly, he concluded that the worst of Goertek’s negative impacts caused by AirPods Pro 2 quality problems has passed, and the current situation is better than feared.

“Lastly, Goertek has secured NPI and assembly orders for HomePod mini 2, which will start mass shipments in 2H24.

The conclusion is the worst of Goertek’s negative impacts caused by AirPods Pro 2 quality problems has passed, and the current situation is better than feared, he added.”

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