Apple is ensuring it has a steady supply of components for its current and future products, and with that in mind has made a request to Foxconn for preferential treatment. The latter is said to have agreed and its Innolux factory will exclusively manufacture displays for Apple’s products, Bloomberg reports. Also Read - Apple TV Plus for free: PS5 owners get six months subscription free of cost
“Equipment installation will commence next month with mass production of panels to start by the end of 2015 after an urgent request for exclusive capacity,” Sophia Cheng, a public relations representative for Foxconn’s display unit Innolux Corp told the publication. Also Read - This photo shot with iPhone X by an Indian wins iPhone Photography Awards
Foxconn already has factories dedicated for assembling Apple’s iPhones and iPads in China, but with this agreement, Innolux will become the first factory to exclusively manufacture a component for Apple. The company is anyway rumored to be one of the companies that supplies 4.7-inch displays for Apple’s iPhone 6. Also Read - Top Apple gadgets, accessories for less than Rs 15,000 for Apple fans
Not a lot is known about this agreement between the companies, except that Foxconn is expected to spend as much as $2.6 billion over the next two years. The factory at the Kaohsiung Science Park campus in Southern Taiwan is also expected to employ some 2,300 people.
Apple is believed to be facing difficulties in keeping up with demands for its new iPhones, and display is said to be one of the components that is in short supply. Such a preferential treatment will surely go a long way in helping Apple keep up with the demand for its current and future products.