Apple May Delay Introduction of IPhone 5S, Commercial Times Says
Apple Inc. (AAPL) may delay the introduction of the iPhone 5S until the end of the year after the design was changed to feature a bigger 4.3-inch retina display screen, the Commercial Times reported.
The company previously scheduled the release for September or October, the Taiwanese newspaper reported, citing unidentified people in the semiconductor industry. Takashi Takebayashi, a spokesman for Apple in Tokyo, wasn’t immediately available to comment to Bloomberg News.
Apple, the world’s largest technology company, hasn’t released a new handset since last year’s iPhone 5. While the Cupertino, California-based company’s device is the top-selling smartphone, Samsung Electronics Co. (005930) has become the leading provider overall with a variety of products at different prices.
A cheaper version of the Apple iPhone is expected by the end of the third quarter after chips for the new model started shipment in June, the newspaper said. Taiwan Semiconductor Manufacturing Co. (2330) may deliver chips for the iPhone 5S in August, according the the report.
Suppliers to Apple fell after the report, with Pegatron Corp. (4938) slumping 7 percent to NT$47.55 as of 12:33 p.m. in Taipei. TPK Holding Co. dropped 3.2 percent to NT$399.
Elizabeth Sun, a spokeswoman for TSMC, didn’t immediately return two calls seeking comment on the report. Pegatron Chief Financial Officer Charles Lin and TPK CFO Freddie Liu didn’t immediately return calls from Bloomberg News