from the October 2016 issue

Apple developing iPhone 8 in Israel - report

Sources at Apple's development center in Herzliya told "Business Insider" that they are working on the iPhone 8, which will be released in 2017.

Apple is developing hardware for the iPhone 8 at its Herzliya development center in Israel, "Business Insider" reports. The iPhone 8 will be released in 2017 with a radical redesign, an employee in Herzliya told the website. "Some hardware for the iPhone 8 is being created in Herzliya, Israel, according to a local Apple employee, who said employees in Israel work on all of Apple's new products," Business Insider writes.

The website added, "The employee, whose identity is being concealed by Business Insider, solders components for Apple. This person didn't give too much away about the new handset other than it will be "different" to the iPhone 6s and the iPhone 7, which have been criticized for being too similar to their predecessors."

Apple to expand Israel development center
Apple's Herzliya office at Maskit Street 12, the Apple employee said staff in Israel are working on what's coming "next" in Apple's product line, giving a specific mention to "iPhone 8." "The worker used the term "iPhone 8" unprompted in our conversation. That was interesting because the next logical name for the iPhone to be released in 2017 should be "iPhone 7s." iPhone 8 isn't due until 2018. Apple has a two-year development cycle for new iPhones. However, some observers have noted that the iPhone 7 was a largely incremental update."

Apple declined to comment on the report.
Apple's development center in Herzliya near Tel Aviv is its largest outside of the US. The center was inaugurated by Apple CEO Tim Cook 18 months ago and is based on the $350 million acquisition of flash memory storage developer Anobit in 2012.

Reprinted from the Israel High-Tech & Investment Report October 2016

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