Apple’s foldable iPhone triggers supplier expansions, promising a premium, crease-free display and setting a new price record.
Apple’s new phone will feature a book-style foldable design with a nearly crease-free OLED display of about 7.7 or 7.8 inches, along with a 5.5-inch outer screen for use when folded. Prices are expected to start around $1800 to $2000, potentially making it the most expensive iPhone yet.
Production is forecasted to range between 10 and 15 million units in the initial rollout. To support this, Apple’s key supplier, Samsung Display, will provide the flexible OLED panels. South Korea’s Fine M-Tec is expanding hinge production to meet Apple’s demand for durable, smooth folding mechanisms. Meanwhile, China’s Lens Technology is likely to supply the ultra-thin glass required for the foldable screen.
Apple’s choice of a titanium frame for the phone aims to enhance durability and maintain a premium feel. Industry experts expect Apple’s reputation for product quality and integrated software to increase consumer interest in foldable phones, which have faced challenges related to price and durability in the past.
The announcement has already triggered expansions among Asian parts suppliers as they prepare for higher demand in foldable components. Apple’s entry is seen as a potential catalyst for the broader adoption of foldable smartphones worldwide.
