One of the many mockup images of the iPhone 5 on the internet. (Photo : uber-posts.blogspot.com)
The news of Japanese electronics company Sharp not meeting deadline on producing screens for Apple's iPhone 5 is apparently due to high production costs.
According to RT, Sharp President Takashi Okuda said his company will begin producing and ship the screens in late August, however Reuters stated that Sharp has "declined to acknowledged Apple is a customer."
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A source also told Reuters that the "high production costs" of making the screens have resulted in underproduction.
As Latinos Post reported, this is not the first time Sharp faced a similar issue on producing screens for Apple products. Leading up to the release of the iPad 3 earlier this year, Sharp also delayed shipments of its screens.
No word yet if the screen production delays for the iPhone 5 will affect the launch date.
If Sharp is actually a screen supplier for Apple and delays do occur, Apple does have backup from Japan Display and South Korea's LG. According it ITProPortal, LG and Japan Display have already started shipping screens to Apple.
The iPhone 5 is expected to debut on Sept. 12. Preorders are speculated to start on that September date as well, and launch elsewhere in the US on Sept. 21.
Speculated features for the iPhone 5 a 4-inch screen size with Retina Display and 16:9 ratio, a rear-facing eight-megapixel camera and front-facing two-megapixel camera, 1GB RAM, 3G and 4G LTE network connectivity, and battery capacity increasing to 1140mAH which could give 3G users up to eight hours of talk time.
Latinos Post also gathered the rumors specs of the iPhone 5 and helped define what those terms mean, you can check it out here.
The iPhone 5 will be available for AT&T, Sprint, and Verizon Wireless mobile customers. T-Mobile fans will unfortunately have to wait it out as Apple and T-Mobile have not yet come into an agreement on network issues.