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KGISecurities analyst Ming-Chi Kuo states that Apple will opt for a new display which is not compatible with 3DTouch. To keep the price in check, these iPhones are likely to lose the 3D Touch technology as well.

REUTERS/Hamad I MohammedA customer tests the features of the newly launched iPhone X at VIVA telecommunication store in Manama, Bahrain, November 3, 2017.

Apple is working on a LCD-display iPhone that may not feature its legendary "3D Touch" feature to balance costs, a top analyst with Taiwanese business group KGI Securities has said. The iPhone X had a bright, edge-to-edge display and 3D facial recognition, but the $999 (U.S.) starting price was too much for some consumers.

We are months away from the launch of the new iPhones, and there's quite a lot we already know about them. This, Campling says, suggests that the iPhone X "will be killed off this year". Apple's tablet line also uses the same long press system.

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The Cupertino company is said to drop the 3D Touch on the entry-level iPhone X2 to offset the increased cost thanks to the use of the technology as mentioned above. With any luck, Apple will be able to increase its profit margin on the iPhone X, so even if sales don't pick up, investors will be happy. This makes the 3D Touch unit of the current-generation iPhones (save for the iPhone SE, of course) incompatible with the incoming model.

3D Touch Feature Done In 2019?

What do you think about the 3D Touch feature? Here's how the iPhone X looks in pictures.

Singles of a decrease in demand have been given by companies like TSMC and Samsung, while on the other hand, Apple has also informed of reduced production for iPhone X. Under the market analysis, a notable reduction has been made in the sales expectation of iPhone and the reduction in sales is anticipated to continue for an entire upcoming year.

China has become the second most important market for Apple, but a new report claims the company is getting devastated when it comes to growing its market share.