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iPhone 5 Manufacturers Report Increased Sales Revenue

Ahead of the expected launch of the iPhone 5 in mid-October Apple's suppliers are stepping up production, having already seen 'heavy' shipments beginning to bring in revenue in the previous month.

A recent report from the Taiwan Economic News (opens in new tab) informs us that there are already two Apple suppliers that have increased sales for iPhone parts. TPK Holdings cashed in more than 11.1 billion Taiwan dollars ($371 million) in the previous month, twice the amount reported one year ago.

Chief Financial Officer Freddie Liu said that the increased volume is due to the high demand for touch panels for the iPhone 4, but he also mentioned that they have been shipping panels for the iPhone 5 as well, the Taiwanese website informs.

The second supplier, Largan Precision, responsible for the iPhone's camera lens, registered an increase of 25% compared to August 2010. With this supplier, it seems that the increase has been caused by demand for the 8-megapixel lens allegedly embedded in the iPhone 5.

We previously reported that Foxconn Electronics, the iPhone assembler, has been "instructed" by Apple to assemble 150,000 units per day. This would mean by the end of September, more than 5 million iPhone 5 handsets should be in Apple's hands, in good time for a launch in October.

Radu is the founder of, and has worked as a freelance writer for ITProPortal, as well as having been blogging around since 2004. He is interested in anything Apple as well as gaming and mobile applications.