Analyst estimates Apple to ship 20 million units of its foldable iPhone in 2023
Analyst Ming-Chi Kuo shared his latest investor note on the rumoured foldable Apple iPhone.
Kuo reiterates that Apple will launch its first foldable iPhone in 2023 and expects it to have an 8-inch QHD+ flexible OLED display. In addition, Kuo predicts the foldable iPhone shipments may hit between 15 million to 20 million units in 2023.
He added that the foldable iPhone will use TPK’s silver nanowire touch solution. This will be a “long-term competitive advantage” for Apple as it supports more than a single fold for foldable devices.
Unlike current foldable phones which integrate the function of a phone and a tablet, Kuo says future foldable phones will blur the product segmentations between smartphones, tablets and laptops. Kuo claims Apple will be the “biggest winner” in the foldable phone category due to the cross-product ecosystems and hardware design advantages.
Bloomberg reported in January that Apple has developed prototype foldable displays for testing and these prototypes are said to have a “mostly invisible hinge”. A report by Economic Daily News in the same month suggests that Apple is working on two foldable iPhone prototypes, one of which is a clamshell with a flexible OLED display made by Samsung.
Apple has been granted several patents related to a foldable device including a notification strip, a flexible hinge, and a flexible display with a bending region.