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iPhone 8: Why you'll hate the new OLED screen

iPhone 8: Why you'll hate the new OLED screen
iPhone 8 Concept by Benjamin Geskin

With the inevitable arrival of this year's iPhone, fans and pundits are hoping that it will be a revolutionary, not just an evolutionary, step for Apple's flagship device. After all, this year marks the iPhone's 10-year anniversary and anything less than spectacular will be considered a letdown.

But what price are you willing to pay for all the groundbreaking features the iPhone 8 is promising? Well, it looks like you will have to start saving to get Apple's flagship gadget this year.

That's because the upcoming iPhone 8 could be the most expensive iPhone model yet and, as earlier rumors suggest, might cost over $1,000!

Now, a recent report gives this pricing rumor more credibility. One of the reasons for the "premium" price tag may be the higher cost of incorporating 3D Touch on the iPhone 8's rumored OLED screen.

A report from DigiTimes revealed that the cost of equipping an OLED panel with 3D Touch capabilities will be 150 percent more than with the current iPhone models' LCD screens.

According to the report, touch panel manufacturer TPK Holdings and General Interface Solution (GIS) gave Apple a quote of $18-$22 for each OLED 3D Touch component and the iPhone manufacturer has accepted. This price is more than double the $7-$9 cost TPK currently charges for the 3D Touch component used in current iPhones.

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