Component sales soar as iPhone 8 enters mass-production

iPhone 6s teardown Yes, iPhone 8 shortages are still a thing.
Photo: iFixit

Component suppliers enjoyed stronger sales throughout July as Apple ramps up production of its next-generation iPhones.

Supply chain sources say all three models that will be unveiled in September have now entered mass-production, but shortages are still expected for iPhone 8.

Alongside the much-anticipated iPhone 8, which is expected to offer a sleek new design and features like facial recognition, Apple will reportedly launch refreshed versions of its existing handsets this fall — likely to be named iPhone 7s and iPhone 7s Plus.

All three devices have now entered volume production, according to sources for DigitimesBut thanks to the iPhone 8’s OLED display, which is said to be incredibly difficult to manufacture, coupled with large demand, supply “could fall short.”

There will not be any shortages for the iPhone 7s and iPhone 7s Plus, both of which will retain the LCD display technology Apple has been using since the original iPhone, the sources added.

“The high consumer expectations for new iPhone devices will keep most component suppliers operating in high gear in the second half of 2017 and drive their monthly or quarterly sales volumes to new highs,” continues the report.

Some iPhone component suppliers have seen their revenues rocket by as much as 22 percent over the same period last year, while all are reporting strong sales for July. Assemblers like Foxconn and Pegatron will see their revenues increase in the coming months.