Apple will release its first foldable gadget in 2024. Moreover, these terms were revealed not by Apple, but by… Samsung

Many manufacturers already have folding smartphones, but Apple is still not there. According to new data,

the company will introduce its first foldable gadget in 2024. Although the source of this information, oddly enough, was Apple’s competitor, Samsung.

What to expect

Samsung Mobile Experience (MX) held a meetingwith component suppliers, where she discussed several interesting topics, including the folding phone strategy. A report by TheElec details that Samsung estimates a compound annual growth rate (CAGR) of up to 80% for its foldable devices through 2025.

Samsung MX representatives expect Applewill release its first foldable device in 2024. But according to their forecasts, this will not be a smartphone, but a laptop and tablet. Why is not clear. By the way, these statements are consistent with the previous CCS Insight report.

Samsung also says that South KoreaniPhone users in their 20s and 30s are switching to Samsung foldable phones at a much higher rate than before, with the rate reportedly 3-4 times higher than in previous years.

Samsung also believes that 90% of current foldable phone users will choose a foldable gadget as their next device.