Inc's new iPhone
had hit production
glitches early in its manufacturing
process and could lead to supply shortfalls and shipping delays following its launch next week, the Wall Street Journal reported on Thursday.
The company's shares were down 0.5 per cent at $161.11. The production
glitches pushed the manufacturing
process back by about a month, the Journal reported, citing people familiar with the matter. Apple
did not immediately respond to a request for comment. Fans and investors are eagerly looking forward to the 10th anniversary iPhone
8 to see whether it will deliver enough new features to spark a new generation to turn to Apple.
The company is widely tipped to adopt higher-resolution organic light-emitting diode (OLED) displays for the latest iPhone, along with better touchscreen
technology and wireless charging — which could come with a $1,000-plus price tag.
will have to wait until at least 2019 to be able to move beyond Samsung Electronics
for significant alternative supplies of the next-generation OLED screens for iPhones, according to the sources. LG
Display is targeting full-fledged shipments of OLED screens in 2019, with only small shipments possible towards the end of next year, they said.
is still negotiating the size of upfront payments and details, though talks are in the final stages, said one of the people.
has been aiming to adopt OLED technology because of its vibrant colors and lower energy consumption, but has been hampered by limited availability. Samsung, its primary competitor in smartphones, is the dominant manufacturer of OLED screens and has used the technology in its own phones as well as selling it to Apple
The Cupertino, California-based company will introduce its new iPhone
next week, with one of three models expected to feature OLED panels from Samsung.