Apple plans to launch lower-cost AirPods later this year, according to Jeff Pu, an analyst who covers companies within Apple’s supply chain.
In a research note published today with investment firm Haitong International Securities, Pu said a subsidiary of Foxconn will be one of the suppliers of the lowest-cost AirPods. Pu said Foxconn will ramp up AirPods assembly at a factory in India in the fourth quarter of 2024.
Bloomberg’s Mark Gurman previously said that Apple plans to launch two fourth-generation AirPods models in September or October, including entry-level and mid-level models.
He said both models will feature a new design with better fit, improved sound quality and an updated charging case with a USB-C port, while the mid-tier model will also feature active noise cancellation and a tracking speaker my location.
It’s unclear whether the lower-priced AirPods and the entry-level fourth-generation AirPods are the same product, but it seems plausible.
Pu also expects an updated AirPods Max to launch in the fourth quarter of 2024. Gurman previously said that a USB-C charging port will be the only new feature for the over-ear headphones, and that new color options are also possible.
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