Apple’s Foldable iPhone Could Be Cheaper Than Expected

Apple’s long-rumored foldable iPhone may cost less to manufacture than previously expected thanks to major reductions in hinge component pricing, according to analyst Ming-Chi Kuo.

In a new report, Kuo said that the hinge designed for Apple’s foldable ‌iPhone‌ is expected to carry an average selling price (ASP) of approximately $70 to $80 when mass production begins, well below the market expectation of $100 to $120 or higher. Kuo attributed the cost decline not to cheaper materials, but to…