LG Will Be The Exclusive Supplier Of IPhone Batteries In 2018

Jul

23

2017

South Korea’s LG Chem will be solely responsible for the production of phone batteries for iPhone 9 or iPhone 8S, which Apple may launch next year, a Korean newspaper reported on Friday.

LG Kim, the chemical industry arm of LG, invested hundreds of billions of Korean won in a dedicated production line and will produce “L” batteries for iPhone next year, according to the Economic Daily “Economic Daily Korean citing an unnamed chemical source.

The Korean paper, which said the production of the batteries will begin this year, is believed to be good because Apple is known as the “multi-supplier strategy” for its components.

L-shaped batteries, which include two phones, may also appear on the iPhone 8, which is expected to be announced in September. The new design is expected to provide faster charging speeds.

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