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February 20, 2024 2:58 AM | 2 minute read
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If I was waiting Apple’s (NASDAQ:AAPL) It looks like foldable iPhone development will need a little more patience, according to a new supply chain report.
what happened: According to a report in Korean publication Alpha Economy, Apple’s foldable iPhone is expected to be released in 2026, more than two years from now.
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Apple has set the release date for the foldable iPhone to be September 2026. Previous reports suggested that the foldable iPhone would not be released earlier than 2025, but no exact date was mentioned. More information is available in this regard.
Apple has already filed a patent for a rollable iPhone with the United States Patent and Trademark Office (USPTO). A patent application shows that the iPhone can be rolled up, literally like an ancient scroll or manuscript.
SEE ALSO: Report suggests Xi Jinping government has more control over Apple than previously thought
It may seem like a long way off, but it could be a way for Apple to protect its ideas. But more than that, it suggests that Apple is actively considering foldable display technology.
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It’s worth noting that foldable displays aren’t completely fictional. LG already has one, and CES 2024 in January saw another large folding TV announced.
However, a television is different from a telephone. While a phone must accommodate a myriad of components such as a chipset, battery, camera, and storage into a palm-sized device, a TV’s canvas is much larger.
Why it’s important: apple rival Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Samsung Electronics Co., Ltd. (OTCPK: SSNLF) already has a flip phone.
In fact, Samsung has already launched five generations of foldable phones. By the time Apple’s foldable iPhone is expected to be released, Samsung will have launched its 8th generation of its Galaxy Fold and Flip phones.
Is it too late for Cupertino to launch a foldable iPhone in 2026? Previous reports revealed that foldable smartphones account for only 1% of smartphones worldwide. So this market is still in its infancy, and Apple may still have plenty of time.
See more Consumer Tech coverage from Benzinga. follow this link.
Read next: Sideloading scandal: Apple’s App Store breach highlights iPhone security concerns
Photo by Thai Nguyen on Unsplash
“Benzinga’s Top Stocks to Buy Today”
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