Sharp is Making 'Adequate Volumes' of Displays for the iPhone 5
Sharp says its making 'adequate volumes' of displays for the new iPhone 5, reports Reuters.
This follows earlier reports that the company is struggling to reduce production defects in the screen and thus was unable start shipments before the iPhone debuted.
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. At the end of August three weeks before the new iPhone went on sale, Sharp, which was supposed to be mass producing at its Kameyama plant in central Japan, had fallen behind schedule, a source earlier told Reuters. Sharp, the source said, was struggling to improve low production yields, raising the question of whether Apple would be prepared to sweeten financial incentives to secure an acceleration of production.
The Sharp executive told the press that the company was making 'adequate volumes' at a briefing in Osaka, Japan on the condition he wouldn't be identified.