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  • CEO of Japan Display Hints Towards Strong iPhone Orders Ahead of its Impending Launch

    Mitsuru Homma, the CEO of Japan Display, recently dropped some hints regarding Apple’s upcoming iPhone release this past week. He stated that his company’s biggest client, which many speculate is Apple, is increasing orders despite a soft Chinese market. In an interview with Reuters, Homma outlined Apple’s insatiable demand for iPhone screens, which suggests that the company expects high levels of consumer interest when it announces this year’s handset refresh. He added that China’s economic situation doesn’t appear to be a concern for Apple.

    Homma had the following to say regarding the matter:

    They're coming to us with more orders, saying 'give us more, give us more.' They keep increasing.
    These comments come shortly after Apple CEO Tim Cook tried to allay fears over a wavering Chinese market in a rare email to CNBC’s Jim Cramer. Citing daily updates on Apple’s Chinese business, Cook claimed that the company experienced “strong growth” through July and August. He continued by saying the following regarding the matter:

    Growth in iPhone activations has actually accelerated over the past few weeks, and we have had the best performance for the App Store in China during the last 2 weeks.
    For those of you who didn’t know, with a large number of growing middle class families and constantly expanding LTE network infrastructure, China is one of the key growth markets for Apple. As a result, the company has increased its efforts to sell its products in the region.

    As of right now, Apple is expected to announce its next-gen iPhone lineup at a special event on September 9 alongside a new Apple TV. We’ll have to wait and see what information turns out to be true and which gets squashed as a rumor by waiting until Apple reveals more concrete info.

    Source: Reuters
    This article was originally published in forum thread: CEO of Japan Display Hints Towards Strong iPhone Orders Ahead of its Impending Launch started by Akshay Masand View original post