Apple’s foldable iPhone may be more affordable than expected: Ming-Chi Kuo explains how

Apple’s long-rumoured entry into the foldable smartphone market may be closer than ever and potentially more affordable than analysts had previously forecast. According to TF Securities International analyst Ming-Chi Kuo, the hinge mechanism for Apple’s upcoming foldable iPhone is set to cost significantly less than earlier projections, paving the way for a more competitively priced device.

Hinge costs drop due to design optimisation?

In his latest note published on Medium, Kuo revealed that the average selling price (ASP) of the hinge component…