Apple 3nm Chip Demand for 2024 to Be Below Expectations Amid Declining iPad, MacBook Demand: Ming-Chi Kuo

Qualcomm's demand for 3nm chips in 2024 will also be lower than expected, according to a market analyst.

Written by David Delima, Edited by Siddharth Suvarna | Updated: 29 September 2023 12:08 IST

Apple 3nm Chip Demand for 2024 to Be Below Expectations Amid Declining iPad, MacBook Demand: Ming-Chi Kuo

Photo Credit: Apple

Apple is expected to equip some of its devices with 3nm chips in 2024

Highlights

Apple is tipped to lower its demand for 3nm chips in 2024
Demand for iPad and MacBook models saw a decline in 2023
Qualcomm and Samsung are also expected to lower 3nm chip demand next year

Apple's demand for next-generation 3nm chips — for its devices expected to arrive in 2024 — will be lower than market expectations, according to a market analyst. Earlier this month, the Cupertino company unveiled its first smartphone with a 3nm chip, but TF Securities analyst Ming-Chi Kuo states that a decline in shipments for the iPad and MacBook in 2023 could lead to the company lowering its demand for the new chips next year. Meanwhile, Qualcomm is also expected to lower its demand for 3nm chips next year, according to the analyst.

This year, shipments for iPad models declined by 22 percent to 48 million units, while the decline for the MacBook was around 30 percent, to 17 million units, Kuo states in a Medium post. The analyst claims that this drop in shipments was because demand related to work from home (WFH) ended, amid reducing appeal for high-end specifications.

As a result, the company's demand for next-generation 3nm chips for 2024 will be below expectations, according to Kuo. The analyst also predicts that ASML (formerly Advanced Semiconductor Materials Lithography) will cut its EUV equipment shipment prediction for next year by up to 30 percent due to the reduced demand from Apple, Qualcomm, and Samsung.

HP's Future Chromebooks Will Be Made in India; Partners With Google

In addition to Apple, Qualcomm and Samsung are both expected to reduce demand for 3nm chips in 2024, according to Kuo. The Snapdragon chipmaker is said to be impacted due to two smartphone manufacturers opting to use their own chips — Huawei (Kirin) and Samsung (Exynos). The latter's flagship phones for 2024 are tipped to feature an Exynos 2400 chipset in markets outside the US, according to recent reports.

Kuo recently claimed in a blog post that complaints of overheating issues affecting Apple's iPhone 15 Pro models were not related to TSMC's advanced 3nm chip manufacturing technology. Instead, the analyst cited a market survey to state that the overheating issues are likely to be caused by Apple's changes to the thermal design of the iPhone 15 Pro and iPhone 15 Pro Max, which feature a titanium frame unlike their predecessors.

Is the Samsung Galaxy Z Flip 5 the best foldable phone you can buy in India right now? We discuss the company's new clamshell-style foldable handset on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

Affiliate links may be automatically generated - see our ethics statement for details.

Apple iPhone 15 Pro

KEY SPECS
NEWS

Display 6.10-inch

Processor Apple A17 Pro

Front Camera 12-megapixel

Rear Camera 48-megapixel + 12-megapixel + 12-megapixel

RAM 8GB

Storage 128GB, 256GB, 512GB, 1TB

OS iOS 17

Resolution 1179x2556 pixels

More Apple mobiles Apple mobiles price in India

Apple iPhone 15 Pro Max

REVIEW
KEY SPECS
NEWS

Design
Display
Software
Performance
Battery Life
Camera
Value for Money

Good
Excellent display
USB Type-C
AAA gaming
Excellent all-round performance
Good primary and telephoto camera
Customisable Action Button

Bad
Gets hot quickly when stressed
Slow wired charging
Expensive

Read detailed Apple iPhone 15 Pro Max review

Display 6.70-inch

Processor Apple A17 Pro

Front Camera 12-megapixel

Rear Camera 48-megapixel + 12-megapixel + 12-megapixel

RAM 8GB

Storage 256GB, 512GB, 1TB

OS iOS 17

Resolution 1290x2796 pixels

More Apple mobiles Apple mobiles price in India

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: iPad, MacBook, Apple, Ming Chi Kuo, iPad shipments, MacBook shipments, Qualcomm, Samsung, Chip manufacturing

David Delima

Email David Delima

As a writer on technology with Gadgets 360, David Delima is interested in open-source technology, cybersecurity, consumer privacy, and loves to read and write about how the Internet works. David can be contacted via email at DavidD@ndtv.com, on Twitter at @DxDavey, and Mastodon at mstdn.social/@delima. More