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Apple AirPods supplier Goertek halts assembly of ‘smart acoustic product’, cutting its fourth-quarter revenue by US$455 million
- Goertek said a major overseas client asked it to halt production of the device, which analysts suspect to be Apple’s AirPods Pro 2
- While Goertek tries to fix ‘production issues’, Luxshare ICT is expected to fill the supply gap and become the exclusive assembler of the device
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Ben Jiangin Beijing
Chinese audio components maker Goertek has warned that a major overseas client asked it to suspend production of a “smart acoustic product”, which analysts suspect to be the AirPods Pro 2, reducing the Shenzhen-listed firm’s revenue by 3.3 billion yuan (US$455 million) this fourth quarter.
Goertek, which has been making Apple’s high-end AirPods Pro series of wireless Bluetooth headsets since 2020, said in an announcement late on Tuesday that its cooperation with the unnamed client remains intact, but indicated that “this incident’s impact on the company’s business performance is still under review”.
Shares of Goertek closed down 10 per cent to 20.72 yuan on Wednesday. The company, headquartered in the city of Weifang in eastern Shandong province, did not immediately reply to a request for comment.
In a tweet posted early on Wednesday, TF International Securities analyst Kuo Ming-Chi said his latest survey showed that the product in question “may be Apple’s AirPods Pro 2”, the assembly of which was paused “more likely due to production issues rather than demand issues”.
Shenzhen-based Luxshare ICT, Apple’s primary AirPods Pro supplier, has expanded manufacturing to fill the production gap and become the exclusive assembler of the AirPods Pro 2, according to Kuo.
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