Sharp Now Producing 'Adequate Volumes' of iPhone 5 Display
Reuters reports that Sharp has publicly stated that it is now producing "adequate volumes" of the display for the iPhone 5, bolstering Apple's efforts to catch up with high demand for the device.
Sharp Corp is making "adequate volumes" of displays it is known to supply for Apple Inc's new iPhone5, a company executive said, indicating that a possible bottleneck in supplies of screens may have eased.
Analysts had blamed a shortfall in supplies of display for leaving Apple with too few iPhones to meet burgeoning demand at its launch this month.
Deutsche Securities analyst Yasuo Nakane estimates that Japan Display and LG Display are capable of producing roughly eight million displays per month each, while Sharp's capacity is pegged at six million displays. With Sharp reportedly having not been ready for the initial batch of iPhone 5 units, over 25% of display production capacity appears to have been offline until just two weeks ago.
Sharp's full production of the iPhone 5 display comes as existing shortages in Apple's first round of launch markets are being compounded by today's expansion to 22 new countries and several more carriers in existing markets.