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By September 9, 2017 0 Comments

New iPhone 8 Production Problems Could Delay Launch

New production problems for Apple‘s (AAPL) iPhone 8 could delay its official launch until late October or even later, an analyst said Friday.

XAutoplay: On | Off“Our industry research suggests Apple is currently having some issues with (the) metal frame of the iPhone 8,” Rosenblatt Securities analyst Jun Zhang said in a note to clients.

The iPhone 8, which is its unofficial name, is expected to be unveiled on Tuesday, but availability is likely to be delayed by weeks, Zhang said.

The iPhone 8 is rumored to feature a glass-sandwich design with a metal band between front and back glass panels. A potential delay in the iPhone 8 could give Samsung’s Galaxy Note 8 and Huawei’s Mate 10 more opportunities to take market share, he said.

“We do not believe Apple’s component suppliers will be impacted since Apple continues to pull in components as scheduled,” Zhang said.

The iPhone 8 faced earlier delays because of issues with its OLED display panel. Apple tried to incorporate a fingerprint sensor into the display but ultimately abandoned that approach, according to media reports.

The fingerprint-sensor setback delayed production by about a month, the Wall Street Journal reported Thursday. The report said Apple intends to launch the new handset on Sept. 22, but it will be in short supply.

Apple shares finished the regular trading session down 1.6% to 158.63 on the stock market today.


IBD’S TAKE: Apple stock has an IBD Composite Rating of 94, meaning it has outperformed 94% of stocks in key metrics over the past 12 months. For more analysis of Apple, visit the IBD Stock Checkup.


Apple also hit a snag with a secondary supplier of 3D-sensing laser modules, which will be used for augmented reality applications on the iPhone 8. The manufacturer of that module, Finisar (FNSR), late Thursday said it experienced a delay in customer approval for its vertical-cavity surface-emitting laser (VCSEL) array. That pushed production of the modules to October. The unnamed customer is believed to be Apple.

Finisar is one of multiple suppliers of VCSEL arrays for the iPhone 8. Rival Lumentum (LITE) is rumored to be supplying 75% to 80% of the VCSEL arrays for the new iPhone, Loup Ventures managing partner Gene Munster said in a report Thursday.

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News – Investor’s Business Daily

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