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Touch Panel Orders for iPhone 7 now 30% Higher than Expected

18 - NEWS -RUMOR
1AX 99 apple increases iphone 7 orders

 

In September 14, Patently Apple posted a report titled "Supply Chain Rumor Claims Apple is Aiming for 100 Million iPhones for 2016, a New Record." Inching closer to that goal, Apple's supply chain is reporting today that component orders for the iPhone components have increased by 20-30% higher than expected and it's only the end of September. If the demand or the iPhone remains strong, Apple could hit a new record. Right now they're on course for over 85 million.

 

Touch panel makers TPK Holding and General Interface Solution (GIS) shared the touch panel orders for iPhone 7 devices previously, but Apple appeared to have pulled in more orders from GIS recently, the sources noted.

 

GIS, a subsidiary of Foxconn Electronics, is expected to see its revenues grow significantly in the fourth quarter, the sources added. However, TPK said that touch panel orders from its major clients for the fourth quarter have not been fixed completely, and some adjustments may be made later.

 

Any additional adjustments to the upside would put Apple's iPhone 7 shipment expectations closer to Apple's original goal of 100 million units. Even as it stands now, Apple is already bucking the downward trend in global smartphone sales.

 

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