Here is why the Apple iPhone 12 costs 21% more than iPhone 11

As you hold the new iPhone 12, do you realise why the new Apple device is costlier than the previous version? According to an in-depth analysis, the blended materials cost for iPhone 12 with 128GB NAND flash is nearly $415, a 21 per cent increase over the iPhone 11.

In the iPhone 12, Apple’s self-designed components including the A14 bionic, PMIC, Audio and UWB chip make up over 16.7 per cent of the overall BoM (bill of materials) cost.

“The shift from LCD to OLED in the iPhone 12 is a big jump, resulting in an over $23 cost increase,” said Ethan Qi, research analyst.