After manufacturing ‘Nexus’ series for technology giant Google, life has become really good for LG, which is continuously proving its worth in the manufacturing industry.
Apple has reportedly turned to LG to work on the iPhone 7 camera. According to Nomura Securities, Sony, which is the current supplier of iPhone cameras, has fallen behind in its production of dual camera modules, rumored to be present in iPhone 7 Plus.
Nomura’s Chris Changs says (courtesy barrons asia):
“We think Sony may not be able to deliver its full share of dual cameras to Apple due to: (1) lower-than-expected yield, and (2) damage to its production facility from the April earthquake in Kumamoto. As a result, we think LGI will gain majority share of the initial dual camera orders from Apple; hence, we upgrade to Buy.”
Did you see the most recently leaked iPhone 7 design?
Chris also believes that the 4.7-inch iPhone 7 will feature optical image stabilization (OIS), which is currently present only in the 5.5-inch iPhone 6 Plus and 6s Plus. iPhone 7 is also rumored to be available in three variants, iPhone 7, iPhone 7 Plus, and the iPhone 7 Pro/Plus Premium. In addition to this, one of these variants will have dual camera modules and others will be without it.