iPhone capacitor supplier looks forward to strong 2020 with upcoming 5G demand

One of Apple’s suppliers is expecting a lucrative year of business in 2020 thanks to the wave of 5G smartphones set to head to production, including the iPhone 12. China will lead the way with orders for components needed for 5G devices early in 2020 with Apple expected to place orders for components in the middle of the year. Apple’s supplier, Taiyo Yuden Co. produces ceramic capacitors for iPhones, other smartphone manufacturers, auto manufacturers, and more and is gearing up for a record year due to all the 5G smartphones and other devices that will ship next year. As reported by Bloomberg, 5G smartphones use roughly 30% more capacitors than 4G ones and the Japan-based Taiyo Yuden will benefit from the increased demand. Taiyo Yuden has seen a record year of growth and revenue and next year should only see that increase. The company’s CEO, Shoichi Tosaka said Huawei and Samsung will boost orders for capacitors as they lead the 5G charge while he expects Apple to place component orders in June ahead of fall flagship releases.