The new iPhone Duo will launch at $1999 (Rs 2,99,900 in India). The company is expected to ship more than five million foldables by the end of 2026, accounting for 25% of the market share, according to one forecast. If the report is correct, Samsung Display would provide the foldable screens for both the current iPhone Duo and any future versions covered by the three-year agreement. If Apple adopts an annual release cycle for its foldable iPhones, it may provide Samsung and its suppliers with a consistent source of income. However, this is just a forecast, and the figures may vary in reality.
The South Korean tech giant’s display division may be charging Apple around $250 for each inner folding panel. However, Apple has not publicly confirmed the reported agreement or the $250 price. The inner screen of the iPhone Duo is far more complex than the standard OLED panels used on current iPhones, and at a reported $250, the display would be one of the priciest core components in the device.
Samsung Display has signed a three-year exclusive supply agreement with Apple covering the iPhone Duo and subsequent models, according to Weibo leaker Instant Digital. In a recent Weibo post, Instant Digital wrote, “Samsung Display has signed a three-year exclusive supply agreement with Apple to supply foldable screen panels for the iPhone Duo and subsequent models.
Previous reports have said that LG Display does not yet manufacture folding screens, while BOE supplies foldable panels to companies including Huawei. Samsung is reportedly manufacturing the most important components of Apple’s first foldable phone, iPhone Duo. The deal would reportedly give Samsung a big role in Apple’s entry to the foldable smartphone market. The latest claim provides more detail about the length of the agreement and the price Apple is reportedly paying per panel. Apple’s usual display suppliers do not currently appear to offer an easy alternative for the folding panel the iPhone Duo requires.
Samsung Display was already known as the supplier of the folding panel for the iPhone Duo, and earlier reports alleged that the company has an exclusive deal with Apple.