Perhaps Apple Inc. (NASDAQ: AAPL) will attempt to launch a blockbuster product soon. After months of worry that its suppliers in Asia have been idle, one of these companies has rushed to add workers.
Reuters said about the workforce at one Apple supplier:
Pegatron Corp, an assembler of Apple Inc's iPhone and iPad, said it would increase its number of workers in China by up to 40 percent in the second half of the year, fuelling market speculation of a new cheaper iPhone.
Pegatron currently employs 100,000 workers.
Suppliers have told Reuters that Apple is developing a cheaper model of the phone, broadening its sales base to lower-income buyers in growth markets such as China and India.
A supplier source in Japan said small-scale production of the display panel for the model would begin in May, ramping up to mass production in June.
Apple is widely expected to launch the cheaper version of the iPhone in the third quarter.
Filed under: 24/7 Wall St. Wire, Consumer Electronics, Rumors, Wireless Tagged: AAPL