Apple's iPhone X Parts Cost $115 More Than iPhone 8, IHS Says

  • Facial recognition scanner, OLED screen pump up iPhone X costs
  • Samsung charging Apple steep premium on single-sourced screens
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The components in Apple Inc.’s new iPhone X cost $115 more than the guts of the iPhone 8 due to its pricey new screen and facial recognition scanner, according to an analysis by IHS Markit Inc.

The total bill of materials for the base model iPhone X with 64 gigabytes of storage is $370.25, according to IHS’s report, excluding costs like research and development, manufacturing, and software. IHS conducted a similar analysis earlier this year of the iPhone 8 base model and found a bill of materials of $255.16.