Checking In With An iPhone 7 Supplier

Loading...
Loading...
In a report published Wednesday, JP Morgan analyst Narci Chang commented on Japan Display –- a possible supplier to
Apple Inc.AAPL
's iPhone 7 device. According to Chang, Japan Display's new fab, backed by Apple's prepayment, will increase its total capacity by 20 percent. The new fab is enough to produce approximately 95 million units of five-inch smartphones annually and the new Apple fab is expected to ramp up in fiscal 2016. The analyst continued that this should serve as evidence that Apple will increase allocation to Japan Display and adopt LCD LTPS for an iPhone 7 device, contrary to market speculation about adopting OLED panels.
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorAnalyst RatingsTechiPhone 7Japan DisplayJP MorganLCD LTPSNarci ChangOLED
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...