Apple's iPhone Fold Set to Boost Foldable Phone Market
Apple is gearing up for strong sales of its upcoming iPhone 16, hinting at high hopes for the new foldable smartphone. Speculations suggest that the tech giant is working with a mysterious North American client, believed to be Apple itself, on OLED displays for foldable devices.
Samsung Display's president, Chung Yi, has confirmed that the company is preparing for mass production of OLED displays for foldable phones. These displays will be supplied to North American customers, with Apple, Google, and Motorola named as potential clients. Chung Yi's comments suggest that Samsung is anticipating a significant increase in demand for foldable phone displays.
The iPhone 16, rumored to launch next year alongside the iPhone 18 series, is expected to compete with existing foldable phones. Apple's brand recognition could attract new users to the foldable phone market. Sources describe the iPhone 16 as a doubled-up iPhone Air, with a price tag of around $2,000.
Apple's preparations for the iPhone 16 indicate high expectations for the new foldable smartphone. With Samsung ready to meet increased demand for foldable phone displays and Apple's brand recognition set to attract new users, the iPhone 16 is poised to make a significant impact in the market.
