Going by Apple Inc. (NASDAQ:AAPL)’s annual upgrade cycle, the iPhone 7 is at least 16 months away from launch. But there have already been plenty of rumors about the device. The Cupertino company is expected to release the iPhone 6S and 6S Plus this year. Apple surprised the markets by moving to OLED with Apple Watch. But the tech giant will stick to LCD panels for the iPhone 7, says JPMorgan Chase & Co. (NYSE:JPM) analyst Narci Chang.
Apple Insider obtained a copy of Chang’s research note. JPMorgan believes that Apple is not fully prepared to switch from LCD to OLED technology for the high-volume iPhone lineup. So, the company will “use LCD panels through the iPhone 7.” Earlier this month, Japan Display announced that it would build a new $1.4 billion LCD plant in central Japan.
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