The Apple iPhone X was the first smartphone that crossed the $1,000 price mark -- the smartphone was launched at $999 and $1149 for 64GB and $256, respectively. Now, according to Digitimes research analyst Luke Lin, the company would launch a new 5.85-inch iPhone this year with OLED screen that would cost much lower than the iPhone X.
According to Lin, who cited information from Apple's upstream supply chain, the next-generation iPhone’s manufacturing bill for materials will be over 10 per cent lower than that for the iPhone X. He added, that the MBOM of the iPhone X was more