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Apple cancels $ 21.5 agreement for new iPhones

Apple canceled the $ 21.5 deal for advanced cameras on next-generation iPhones.

Apple, one of the leading names in the smartphone industry, has canceled the agreement to sign for the new iPhone cameras. Aiming to use Nanoco’s ‘Quantum Dot’ technology on their cameras, the company returned from the deal.

According to information from The Telegraph, Apple, Nanoco’s camera technology ‘a more advanced image sensor’ was intended to use. This sensor will be in the cameras of iPhones that will be released in 2019. Nanoco said in a statement that the ‘American customer’ had canceled the agreement.

The first agreement between Nanoco and Apple was signed in 2018. The agreement was extended by Apple. Through the agreement, Nanoco expanded its production facilities to Cheshire.

Apple wanted to use Nanoco’s camera technology to enhance camera capabilities as well as augmented reality capabilities. The Telegraph quoted Bluefin Research as saying that Apple had canceled the Nanoco project after realizing that it would cost a significant amount of production.

Apple is now focusing its full focus on laser-based 3D scanners. This technology is expected to be available on iPhones in 2020 and to enhance augmented reality features.

Apple cancels $ 21.5 agreement for new iPhones
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