Get All Access for $5/mo

Apple Is Purportedly Working on a Foldable iPhone That Will Be Released in 2023. Here's What We Know. New details have emerged about Apple's rumored foldable iPhone.

By Justin Chan

For months, rumors surrounding Apple's foldable iPhone have circulated — and more details have emerged, thanks to a note seen by MacRumors.

In a note to investors on Sunday, Apple analyst Ming-Chi Kuo said that the smartphone giant is planning on releasing between 15 million and 20 million foldable iPhones with an 8-inch QHD+ flexible OLED display two years from now. SDC will reportedly supply the display, while Samsung Foundry will serve as "the exclusive DDI [device driver interface] foundry provider."

Related: Apple's Planning a Foldable iPhone & the Design Looks Stunning

"At present, the product position of foldable smartphones is mainly to integrate the smartphone and tablet," the analyst wrote. "But we believe that the foldable smartphone is only one of the applications of the foldable design. We predict that foldable devices will blur the product segmentations between smartphones, tablets, and laptops in the future. With its cross-product ecosystems and hardware design advantages, Apple will be the biggest winner in the new foldable device trend."

Kuo added that he believes the new iPhone will adopt a silver nanowire touch solution that will give Apple an advantage over its competitors. The feature, which Apple has already incorporated in its HomePod, is supposed to be particularly handy once future phones support multiple folds.

In the wake of Kuo's note to investors, Engadget points out that the latest rumors are "highly speculative," although the publications admits that the details appear to give the note "extra credibility." Kuo also purportedly asserted that Oppo, Vivo, Xiaomi and Honor will release their own foldable smartphones later this year or early next year.

Justin Chan

Entrepreneur Staff

News Writer

Justin Chan is a news writer at Entrepreneur.com. Previously, he was a trending news editor at Verizon Media, where he covered entrepreneurship, lifestyle, pop culture, and tech. He was also an assistant web editor at Architectural Record, where he wrote on architecture, travel, and design. Chan has additionally written for Forbes, Reader's Digest, Time Out New YorkHuffPost, Complex, and Mic. He is a 2013 graduate of Columbia Journalism School, where he studied magazine journalism. Follow him on Twitter at @jchan1109.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Business News

Amazon Has a Blank Book Problem: Buyers Report Receiving Fakes of Bestselling UFO Book

The book looked fine on the outside, but the inside was out-of-this-world.

Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.

Marketing

6 SEO Tips to Help You Rank in the New Era of Quality Content

What is the best SEO strategy after Google's March 2024 core update? Here's what you need to know.