Thursday, May 30, 2013

Report: Apple new partner, Pegatron for Low-Cost iPhone

Apple is moving to a new manufacturer to produce a low-cost iPhone, according to a report from the Wall Street Journal. 

As it seeks to lessen its dependence on Taiwanese manufacturer Foxconn in an effort to diversify its supply chain, Apple has reportedly tasked a company called Pegatron with producing a forthcoming version of the iPhone. 

Citing people familiar with the matter, the Journal reports that the new low-end iPhone will be offered later this year. The reason for the shift was attributed to "risk diversification" following glitches in Foxconn's manufacturing process that resulted in scrathes on the iPhone 5's metal casing.