As the tablet market is maturing, Apple is expected to a sharp decrease in demand for its iPad products. DigiTimes claims sales of the iPad will be down over 20 percent on year in 2015 due to weak tablet demand. Global tablet shipments are expected to hit 49.31 million units in Q2 2015, down 10 percent year-over-year.
Despite new products from Apple in 2015 including newly revised 7.9-inch units and a reported 12.9-inch iPad, shipments for iPads are expected to continue declining due to increased demand for large-size smartphones.
Due to declining shipments for the 9.7-inch unit in particular, supply chain makers such as Radiant Optoelectronics saw revenues drop 37.2% sequentially in the first quarter of 2015, which also represented a 24.9% on-year decrease.
Coretronic also saw shipments for tablet products drop 35% on quarter during the first quarter while touch panel maker TPK saw an overall 67% decline for tablet products, down from 10 million in the previous quarter to around three million.