iPhone 8 latest news, rumors: Smartphone's release to be delayed due to 3D sensing issues?

(Reuters/Robert Galbraith)Apple logo on the storefront in San Francisco.

After reports floated that the launching of Apple's upcoming flagship smartphone will be pushed further later in the year, a new development likely supports the speculations.

Brian White, an analyst from Drexel Hamilton, sent a note to their investors last week, laying down the cards as to why they believe the highly-anticipated iPhone 8 will not be available this coming September. "First off, our smartphone contact believes the 3-D sensing technology and OLED displays will only be offered with the 5.8-inch iPhone 8," said White through a note, which they emailed to business newsgroup CNBC.

"However, our contact strongly believes the 5.8-inch iPhone will be delayed by several weeks due to challenges around the 3-D sensing technology but still in time for the December holidays," White clarified. There were earlier reports that speculated the iPhone 8 to sport 3D sensor technology, which will be used for a number of key features like augmented reality applications and facial recognition, similar to that of what the Samsung Galaxy S8 offers.

In a report by 9to5Mac.com last week, the Economic Daily News also suggested that the smartphone's launching will be pushed back to as far as November because of some "technical issues" the suppliers are facing. The challenges reportedly stem not only from the 3D sensors but also from the perfection of the lamination process of the OLED panels that will be one of the main additions of the iPhone 8.

A report from the Nikkei Asian Review confirmed that Apple had ordered 70 million units of OLED display panels from their rival Samsung, who controls the market for the panels. With the integration of the curved panels, prices for the iPhone 8 have been speculated to reach or even exceed the $1,000 mark, according to a source who was close to the matter.

The reason behind the impending price hike is that the new display panels will cost the company twice as much as what they spent for the LCD screens that are currently being used the existing iPhone smartphones.