Nikkei revealed that the low cost of iPhone would be due to usage of LCD display instead of OLED which is most expensive. The third iPhone to be released next fall is supposedly an LCD-based model that will still look very much like the iPhone X.
Apple launched the Apple iPhone X and the world went insane about it. It's believed that it's harder for Apple to produce additional color options in the glass back design of the iPhone 8 and iPhone X, hence why this year's models are available in fewer color variations than last year's. Kuo also suggests that this model will feature a 6.1-inch TFT LCD screen.
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The next-generation iPhone will feature a metal back alike iPhone 7 and iPhone 7 Plus.
We already know that Apple might release an LCD iPhone next year alongside 2 OLED models, with all 3 set to feature full-screen displays. Apple's new iPhone will also revert to aluminium chassis that means that no wireless charging will be offered. Pegatron is now the assembler of the iPhone 8, so both Casetek and Pegatron are hoping that Apple would ask them to integrate the services they offer for iPhone orders in 2018.
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We're still a ways off from Apple introducing next year's iPhones, so this report should be taken with a grain of salt at this point. It is expected to arrive as a sequel to the iPhone X. There will be another OLED iPhone dubbed as "Plus" model that will carry the same specs as the forthcoming 5.8-inch OLED iPhone, but it will be housing a larger display of 6.5 inches.
Citing a source "privy to the company's product designs", Nikkei's report today claims Apple will unveil three new iPhones in 2018. "The two OLED handsets will come in two sizes - one either 6.2 or 6.3-inches long and the other 5.8 inches", Nikkei said.
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The low-end LCD device out of the three will be assembled by Pegatron and possibly Wistron.