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BoA Merrill Lynch: Apple is prepping a ‘foldable’ iPhone; U.S. and China trade tensions not an issue for Apple

“Apple plans to come out with a radically different iPhone design within two years, according to a top Wall Street firm,” Tae Kim reports for CNBC. “Bank of America Merrill Lynch said the smartphone maker is working with its Asian partners on a foldable phone.”

“‘We expect the iPhones this fall to be largely unchanged for the OLED versions although size changes have proved to be a catalyst in the past,’ analyst Wamsi Mohan wrote in a note to clients Friday. ‘Our checks also suggest that Apple is working with suppliers on a foldable phone (that potentially could double up as a tablet) for launch in 2020,'” Kim reports. “Mohan wrote his report after meeting several Apple suppliers in Asia.”

“The analyst does not believe the company’s products will be affected by increasing trade tensions between U.S. and China,” Kim reports. “‘Given that a substantial amount of iPhone and other electronics manufacturing is done in China, we do not see this as a particular area of retaliation from a trade context,’ he wrote.”

Read more in the full article here.

MacDailyNews Take: More display real estate in a small package is the Holy Grail of Pocketable Computing!

As we wrote back inJanuary 2016, “Imagine this invention used not just in an iPhone, but also in an iPad and a MacBook.”

SEE ALSO:
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President Trump’s tariffs on China likely to be 7 times larger than steel, aluminum import duties – March 20, 2018
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President Trump eyes tariffs on up to $60 billion Chinese goods; tech and telecoms targeted – March 14, 2018
With President Trump’s tariffs, tech investors in Apple, other stocks are now in the crosshairs of trade war – March 12, 2018
Analyst: President Trump’s tariff impact on Apple would be just a ’rounding error’ – March 7, 2018
Apple and other tech firms caught in crossfire as U.S.-China trade war looms – March 7, 2018
Apple Macs caught up in President Trump’s aluminum tariff plan – March 2, 2018
Apple seeks patent for a foldable iPhone – November 28, 2017
Apple teams up with LG Display for foldable iPhone due to concerns over tech leaks to Samsung – October 11, 2017
Apple, LG Display discuss OLED display deal for 2019 – September 7, 2017
LG Display to supply OLED panels to Apple – July 31, 2017
Apple to invest $2.70 billion in LG Display’s OLED production – July 28, 2017
Apple and LG Display plan to derail Samsung’s OLED expansion plans – July 25, 2017
LG Display to invest $3.56 billion in flexible OLED plant – May 30, 2017
Apple patent details foldable iPhone – January 26, 2017
Apple granted U.S. patent for bendable or foldable iPhone using advanced carbon nanotube structures – November 1, 2016
Will the next-gen iPhone be a flip phone? Apple is granted another patent for new flexible handset design – November 22, 2016

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