iPhone 5 production hits 150,000 units per Day

Apple’s OEM maker Foxconn Electronics is in the process of ramping up production on the iPhone 5, according to a new report. Citing industry sources, Digitimes reports that production has reportedly reached 150,000 units per day, with lens maker Largan Precision, touch panel supplier TPK Holding, glass supplier G-Tech Optoelectronics and battery vendors Simplo and Dynapack all operating at full force. According to the report, shipments of the iPhone 5 are expected to reach 5-6 million in September and top 22 million units in the fourth calendar quarter as suppliers ship fewer iPhone 4 units. In addition, Pegatron, tapped to be a second manufacturing partner on the iPhone 5, is said to have landed roughly 15 percent of orders for the yet-unannounced handset, but may not begin shipping until next year.