Apple is expected to announce the first foldable iPhone in 2023, and many patents show that the company has been working on it since 2016. According to industry experts, Apple is working on two types of foldable devices like Samsung’s two foldable phones, the Galaxy Z Flip and Galaxy Z Fold.
Apple and Samsung have jointly developed a foldable OLED panel for the upcoming foldable iPhone. The panel is rumored to be 7.5 inches in size, and Apple’s first foldable iPhone is tipped to be a clamshell smartphone, like the Galaxy Z Flip.
As per research from market research firm Display Supply Chain Consultants or DSCC, Samsung’s market share for foldable smartphones is forecast to be 87 percent next year and is unlikely to fall below 75 percent even after the debut of Apple’s first foldable smartphone.
“Apple won’t be able to lead the foldable phone market for a while with the market being led by Samsung as well as Chinese manufacturers, such as Huawei and Xiaomi,” said an industry source, as quoted by Gizmochina, Sunday, September 19, 2021.
Ming-Chi Kuo previously mentioned that the foldable iPhone will be released in 2023 for the foldable iPhone, but the project hasn’t officially started yet, meaning it could be delayed or even postponed like the much-awaited AirPower. The foldable iPhone device is expected to be more like an iPad device, and will measure 7.5-8 inches when folded.
According to a recent study from Counterpoint Research and Strategy Analytics, the market volume of foldable smartphones is expected to reach 90 million units in 2023 and 100 million units by 2025. This indicates that foldable devices will be the next big thing in the smartphone industry in the market in the years to come. come.