Shipments of Apple iPhone models with 5G mmWave tech are expected to come up far short of current market consensus estimates for 2020 and 2021, according to TF Securities analyst Ming-Chi Kuo.In a report to investors on Tuesday, Kuo said he expects Apple to ship between 4 million and 6 million iPhone units with 5G mmWave technology in 2020, with that number increasing to 25 million to 35 million units in 2021. The figures compare to market estimates that currently stand at a respective 10 million to 20 million and 40 million to 50 million units shipped."We believe that due to the impact of COVID-19, the [number of] global 5G millimeter wave base station[s] [will be] lower than expected," Kuo writes.Read more
