| Mobile Web

Why Apple jumped into foldable phones with iPhone Duo

Apple has unveiled its foldable iPhone Duo, its biggest design change in iPhone history, despite foldables remaining a niche category. The device is set for an October launch at $1,999, above Samsung Electronics’ $1,900 Galaxy foldable. A New York Times report said foldables could help Apple reinforce its position in the premium market by offering differentiation. IDC expects overall smartphone shipments to fall 17 percent this year, while foldables rise 12 percent to 22.9 million units.