SK Hynix Shares Fall as Workers Reject Wage Deal 
Itochu Offers $1.56 Billion to Privatize Dentsu Soken 
SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says 
OpenAI Data Center Chief Chris Malone Exits Ahead of Planned 2027 Listing 
GM Canada Workers Approve C$1.1 Billion Investment Deal 
Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns 
BofA Names ASML Top Semiconductor Equipment Pick on Growth, Valuation 
France Targets Shein, Temu With Fast-Fashion Fees 
Trump Secures Drug Pricing Deals With Nine Pharma Companies 
Salesforce Shares Surge as AI Demand Powers Q2 Earnings Beat 
MediaTek Shares Jump 10% on Nvidia’s $3.5 Billion Investment 
Shein Hong Kong IPO to Raise $1.7 Billion at $26.5 Billion Valuation 
Shein Shares Slide 9% in Hong Kong IPO Debut 
Trump Buys SpaceX Shares After Record IPO 
Xiaomi Unveils Xring O3 Chip for Flagship Foldable Phone 
PayPal Shares Sink as $50 Billion Takeover Bid Collapses 
Nvidia Revenue Soars 106% as AI Demand Hits ‘Inflection Point’ 
Add as a preferred source on Google
Apple may introduce its first foldable iPhone by 2026, aiming for a significant hardware redesign to compete with Samsung and Huawei.
Apple's Foldable iPhone Has Moved Past the Concept Stage
According to Tuesday's story in The Information, Apple's foldable iPhone could be unveiled as early as 2026. This would be the most significant redesign of Apple's most popular product's hardware to date.
Samsung Electronics, based in South Korea, was an early adopter of the foldable market segment in 2019 in an effort to entice new consumers with a substantial hardware design revamp; the Cupertino, California-based corporation may follow suit with its planned introduction of a foldable iPhone.
The article cited two sources familiar with the situation to state that Apple's foldable iPhone had moved past the concept stage.
According to The Information, the iPhone maker has assigned the project an internal code name, V68, and has contacted Asian suppliers to procure components for the smartphone.
Intense Competition From Chinese Rivals
Per Yahoo Finance, despite intense competition from Chinese rivals Honor, Huawei, and Samsung on a worldwide scale, the iPhone maker is hoping that demand for its foldable devices equipped with AI capabilities will spur sales.
Unveiling its newest foldable smartphones in early July, Samsung reduced the weight and thickness of its most expensive flagship model while adding new artificial intelligence features.
In May, Counterpoint Research released research stating that the global foldable smartphone market had its best quarterly growth rate in six quarters, with Huawei surpassing Samsung to claim the top spot. The market had grown 49% year-over-year in the first quarter.
Enhancing the Camera on At Least One iPhone Model
According to The Information, Apple is also planning to enhance the camera on at least one iPhone model. This change would allow users to mechanically control the aperture size, which might potentially allow them to create a depth-of-field effect.
Additionally, the article stated that Apple's introduction of the foldable iPhone is not guaranteed.
A request for comment from Reuters was not immediately responded to by Apple.
