Some other reports say Apple will release its first foldable screen device in 2023. In order to keep up with the launch schedule, Apple must already have specific product plans in the second half of 2021.
The Cupertino, California-based company typically begins the development process with its partners at least two to years before the product is launched.
Apple will also appoint partners to provide materials and components that the products will use after the design is complete. But until now there has been no clear movement in the supply chain, as quoted from The Elec, Monday (22/2/2021).
If Apple actually launches iPhone folding screens by 2023, its OLED panel partners Samsung and LG should start investing heavily in 2022. Both South Korean companies are already providers of OLED panels for the iPhone 12.
Apple is known for never being in a hurry to launch a new product. So, if they have set up a supply chain for folding screen phones by the end of this year, it is likely that the product will only be commercially available in 2024.
The Elec also reports that Apple is still considering the profit margins of the foldable iPhone. Moreover, currently Apple is still in the process of transitioning from LCD panels to OLED for the iPhone.
OLED panels cost more than LCDs, which means that if Apple only launched iPhones with OLED, their profit margins would be thin. Because of that they are still thinking about launching a folding screen iPhone.
Existence iPhone folding screens have been rumored for a long time. Recently, Bloomberg reported that Apple has begun to focus on developing a folding screen prototype for mobile phones.
The company made by Steve Jobs has even considered several screen sizes to be used. But Bloomberg indicated that the folding screen iPhone may not be introduced in a few years or it will not be launched at all.