Apple is reportedly working blending display and touch technology in a way that would allow for reading fingerprints without needed the iPhone's Touch ID Home button. The new technology would let Apple drop the current physical Home button found on all iPhones and iPads, and replace it with a virtual version on the device's display.
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Even if Apple doesn't roll out its own custom touch display chip, it's likely the company is working on iPhone designs that don't need to make space for a physical Home button.