Apple is said to redesign its devices such as the iPhone 8 with iris scanning technology and wireless charging. The iris authentication feature will allow iPhone 8 users to unlock the device or use Apple Pay by using their eyes. The scanner technology was first seen in Fujitsu Arrows NXF-04G and other companies such as LG, Samsung, Microsoft and Vivo could soon use this technology on their top-of-the-line devices as well.

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According to reports, Taiwanese company and TSMC affiliate Xintec has already began mass production of iris recognition chips which is speculated to be for the iPhone 8. However, KGI Securities Ming-Chi Ko states that Apple will likely use facial technology than iris scanning based on previously filed patents. In March 2016, it was already reported that iPhone 8 will have iris scan or facial recognition features.

Rumors about the specs of the upcoming Apple iPhone 8, codenamed Ferrari, have started circulating online as early as now. The iPhone 8 could feature an edgeless display, glass body with no physical button and a curved screen to rival the Samsung Galaxy S7 Edge. It is also rumored to come with wireless battery charging support. Apple could also launch three iPhones with two 4.7-inch models with TFT-LCD screens and a 5.5-inch model with an OLED screen.

Other reports suggest that the next-gen iPhone is named iPhone X. Its rumored specs include a 5.8-inch screen with a look as smooth as black monolith with very few visual design interruptions. According to speculations, Apple will likely remove the iPhone's physical Home button and replace it with a button under the screen which will be touched and not pressed.

The physical buttons at the side could also be replaced by touch-sensitive inlays. Apple and Lumentum are said to produce a 3D-sensing technology for the next iPhone. A foldable iPhone has also been rumored. Production reportedly began earlier and launch is expected to come sooner.

A source close to Apple claims that a special 10^th anniversary edition of the iPhone 8 or iPhone X will likely be released this year at a price higher than 1,000 USD. This report comes along with other rumors about the iPhone X specs and its launch date being earlier than usual. It comes as no surprise given that the iPhone 7 256 GB variant already costs 969 USD.