LG to make iPhone Batteries

LG to make iPhone Batteries

South Korea's LG Chem is slated to exclusively provide batteries for Apple's iPhone 9 which is likely to be launched next year, a Korean newspaper reported on Friday.

 

What's the news?

  • LG Chem has invested hundreds of billions of won in a dedicated line for the purpose and will produce "L-shaped" batteries for next year's iPhone
  • A spokesman for LG Chem said it does not respond to inquiries about client companies. Apple could not be immediately reached for comment.
  • LG Chem shares rose 3.7 percent in morning trade to their highest level since April 2016. They later pared agains to be up 0.5 percent.

 

About LG Electronics latest launches:

  • LG Electronics this week launched a new smartphone, the Q8.
  • A new entrant into the Q-Series of smartphones that is meant to offer premium features at a competitive price
  • The LG Q8 is essentially a smaller version of the LG V20 that was launched last year.
  • Apart from a dual rear camera setup, it also supports a secondary always-on display.
  • It is powered by a Snapdragon 820 SoC that's coupled with 4GB of RAM.

 

LG Q8 Features:

  • The LG Q8 was launched in Italy, however, there are no details on availability or price for now.
  • The smartphone is also water and dust resistant, with an IP67 rating that allows immersion in up to 1.5 metres of water for up to 30 minutes.
  • It also features 32-bit Quad DAC support, and an infrared emitter.

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