Apple roundup: iPhone 6 production, Touch ID, OIS

|About: Apple Inc. (AAPL)|By:, SA News Editor

Taiwan's Economic Daily News reports Foxconn is in the midst of hiring 100K workers to help ramp iPhone 6 (AAPL -0.1%) production. Fellow ODM Pegatron is also said to be ramping iPhone-related hiring.

Foxconn is said to be handling 70% of production for the iPhone 6, which is expected to tap into pent-up demand for bigger iPhones. Apple is reportedly trying to get carriers to agree to a price hike. Cirrus Logic (CRUS +2.8%) has closed higher following the report.

China Times reports TSMC (TSM -1.4%) is expected to produce 120M Touch ID fingerprint sensors this year, up over 3x from last year. Next-gen iPad models are expected to support Touch ID, which was just opened up to iOS developers.

Following an Asian trip, Pac Crest believes the 5.5" iPhone 6 will support optical image stabilization (OIS). The firm also backs up VentureBeat by expressing confidence the iPhone 6 will support wireless charging and NFC.

Sony, LG, and Nokia have included OIS in high-end smartphone models, and Samsung is expected to do so in upcoming phones. Pac Crest's report follows the release of API data suggesting iOS 8 supports manual camera controls.

Update: Bloomberg reports iPhone 6 mass-production will start in July, and that both the 4.7" and 5.5" models might arrive in September.