Apple is rumored to be developing a folding iPhone, with analyst Ming-Chi Kuo suggesting that Foxconn will start the project in late 2025.
The foldable iPhone is expected to enter mass production in the second half of 2026 and may ship several million units annually in 2027 and 2028 due to premium pricing.
Recent rumors suggest Apple has ordered 15-20 million foldable iPhones, with Samsung Display planning to build production capacity to supply the 2026 model.
Components, including the hinge, have not been finalized, and all plans are subject to change before the project officially kicks off.
The iPhone remains a significant revenue generator for Apple, with over half of the company's business coming from iPhone sales.
Apple has been looking to attract new customers and encourage existing customers to upgrade to more expensive devices.
Rumors about a foldable iPhone have circulated for years, with predictions of a possible launch in 2023, as well as speculation about a foldable iPad.
Apple was granted a patent for a foldable device with a unique hinge mechanism in 2020, fueling further speculation about a folding iPhone.
Several smartphone rivals, including Huawei, Motorola, and Samsung, have already introduced folding smartphones since 2019.