When it comes to parts production, there are many processes relied upon by today’s largest tech companies. As with many things in the tech industry, when Apple Inc. (NASDAQ:AAPL) gets involved with something it often times catches on and spreads like wildfire.
More so today than ever before, metal injection molding production is taking off. This is something that a growing number of vendors are considering, thanks to a variety of benefits.
With all this in mind, component makers are shifting their focus to invest heavily in metal injection molding production as a means of keeping up with client demand. As more and more companies turn towards this method of production, component makers need to be in position to take on any order that comes their way.
As noted above, Apple Inc. (NASDAQ:AAPL) is at the lead of the pack when it comes to this production process. Digitimes recently reported on this, saying:
“Currently, Apple is the most aggressive brand vendor using MIM-made components, and its new iPhones and iPad mini for the second half are expected to strongly boost related upstream suppliers’ performances.”
Once again, this shows the power of Cupertino. With Apple Inc. (NASDAQ:AAPL) relying heavily on metal injection molding, it is more or less boosting the entire industry as a result. Along with orders directly from Apple, you can be rest assured that other companies in the tech industry will begin to take notice.
Here is more from the same piece, discussing how component makers are just now beginning to pick up the pace:
“Notebook hinge maker Shin Zu Shing (SZS) already plans to install more sintering furnaces for MIM production, while Taiwan-based Chenming Mold expects its MIM-based product shipments in the second half to double from those in the first.”
As you can see, this is no small increase. Instead, some of the companies in the field are looking to double shipments during the second half of 2013. This is a huge increase in business, and one that is likely to increase even further in the future.
Metal injection molding is often times the perfect solution when the production of small parts is necessary, especially when high precision is called for. While this can help reduce costs for vendors, the setup of the production process can be costly.
Apple Inc. (NASDAQ:AAPL) is relying heavily on metal injection molding, and in the months to come it will be interesting to see which other companies begin to look into the same.