Kuo: Apple will Ship 20 Million Units of New Foldable iPhone in 2023

Tim Cook, Apple - WWDC 2019

Earlier in March, popular analyst Ming-Chi Kuo claimed Apple is working on its first foldable iPhone which will be launched in 2023. In a new investor note obtained by 9to5Mac, Kuo says Apple is expected to ship 20 million units of the foldable iPhone in 2023.

Kuo says Apple will work with Samsung, the exclusive supplier of foldable OLED panels for the new iPhone. Samsung’s design and specifications for its foldable OLED panels remains a secret. Sources says Apple will ship between 15 to 20 million units in its first year of sales.

The foldable iPhone is expected to come with an 8-inch foldable screen and Kuo believes Apple will have an edge in the market because of its strong “cross-product ecosystem.”

At present, the product position of foldable smartphones is mainly to integrate the smartphone and tablet,” Kuo stated. 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.

It is possible for Apple to change its plans in 2023 but it is now believed the company is considering launching its foldable iPhone.

Posted by Biodun

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