Apple’s Foldable iPhone Gains Momentum as Key Hinge Component Supply Secures Progress
CUPERTINO, CA – october 14, 2024 – Apple’s highly anticipated foldable iPhone is progressing toward its expected September 2025 launch, bolstered by positive developments in the supply chain for a critical component: the hinge. Securing reliable hinge production has been a key challenge for the project,and recent reports indicate significant advancements are being made.
The foldable iPhone represents Apple’s entry into a growing smartphone market currently dominated by Samsung and other manufacturers. Initial projections estimate the device will carry a price tag exceeding $2,000 in the US (approximately €2,500 in Europe), positioning it as a premium offering. The success of the device hinges not only on innovative features but also on Apple’s ability to deliver a durable and reliable folding mechanism – a challenge that has driven intense focus on component sourcing and manufacturing partnerships.