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Component cost for 3D Touch module in OLED iPhone to rise by 150%, amidst rumors of premium priced iPhone 8

The iPhone 8 is expected to debut later this year touting a 5.8-inch OLED ‘bezel-less’ display incorporated into a new-design glass and stainless chassis. There have been many rumors about Apple increasing the price of the model above the current iPhone range (128 GB iPhone 7 Plus tops out at $969), with some people referring to the device as an ‘iPhone Pro’. Higher component costs support the idea of a premium price tag, and this is exactly what Economic Daily News is reporting today.
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