Apple Inc.(NASDAQ:AAPL ) is in some danger of not
being able to cater to the demand for its new iPhone as Sharp, one of its
component suppliers, has not yet started mass production of the LCD screens
required, according to a report by the Wall Street Journal.
The other two suppliers of the LCD display screens,
Japan Display Co and LG Display Co have already started shipments of the
screens for the next generation iPhone but shipments from Sharp have been
delayed due to manufacturing difficulties, the Journal said.
The original scheduled date of the shipment was end
of August. It remains unclear when the company can start shipping the LCD
panels, the report said.
This could create a crunch for Apple later on
because with lack of sufficient screens it may not be able to meet the
anticipated demand for the phone.
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While it is not expected to delay the unveiling of
the phone on September 12 and the launch on September 21, it could limit the
availability of the phone later. In fact there have been reports previously of
Apple facing production problems with its new iPhone.
Earlier this year, Sharp also delayed shipments of
screens for Apple's latest iPad, but there were no apparent supply shortages of
the tablet computers.
The delay at Sharp also comes as the Japanese
electronics maker, which also makes televisions and solar panels, is struggling
to cope with a cash crunch amid approaching debt repayment deadlines.
While sitting on more than $15 billion in
interest-bearing debt, Sharp has forecast a net loss of 250 billion yen ($3.18
billion) for this fiscal year through March, as its core businesses remain
unprofitable.
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