LG would exclusively provide iPhone 9’s batteries from next year
LG Chem will supply the Apple device’s batteries
A South Korean newspaper has reported that from next year LG Chem will be supplying the batteries for the iPhone 9
LG Chem is slated to exclusively provide Apple’s iPhone 9 batteries and it will be launched next year, reported a Korean newspaper
LG Chem has reportedly invested billions of won in a dedicated line for making the iPhone 9 batteries and will produce “L-shaped” batteries next year for the Apple’s device, the Korea Economic Daily reported citing an unnamed chemical industry source.
A spokesman for LG Chem said that it does not respond to inquiries about client companies to Gadgets360.
Following the news, LG Chem’s shares rose 3.7% in morning trade to their highest since April 2016. They later pared again to be up 0.5%.
On the other hand, LG Electronics launched a new smartphone, the Q8 this week. LG Q8 is a new entrant into the Q-Series of the company’s smartphones. The lineup is meant to offer premium features at a competitive price. The LG Q8 is essentially a smaller version of the LG V20, which was launched last year.
Apart from a dual rear camera setup, the new Q8 also sports a secondary always-on display. It is powered by a Snapdragon 820 SoC coupled with 4GB RAM.
The LG Q8 was launched at an event in Italy. However, the price details of the smartphone have not been known as of yet. It is also water and dust resistant, with an IP67 rating. It also features 32-bit Quad DAC support and an infrared emitter.