Apple has launched its first foldable smartphone, the iPhone Duo, with a premium price tag of $1,999, targeting the high-end segment of the foldable market.
Market research firm TrendForce predicts that Apple will capture nearly 25% of the foldable smartphone market by the end of 2026, driven by this new device.
The launch has triggered significant supply chain upgrades, as Apple aims to compete directly with Samsung's established foldable series in the global market.