The first foldable iPhone model, expected to arrive in 2023, is expected to sell 15-20 million units.

Analyst Ming-Chi Kuo claimed in March that Apple was working on the first foldable iPhone expected to be released in 2023. Now, in a new investor note, Kuo says he expects to ship up to 20 million units of this model in the first year of sales, reinforcing rumors about the foldable iPhone.

According to 9to5Mac’s report, Kuo shares that Apple expects to sell 15 to 20 million foldable iPhones by 2023. The company will likely work with Samsung as the exclusive supplier of foldable OLED displays for the new iPhone model, whose design and features are not yet known.

In his previous report on the foldable iPhone, the analyst predicted that the device would have a screen between 7.5 and 8 inches. It is now emphasized that Apple will adopt an 8-inch foldable screen. While Samsung is currently the leader of the foldable market, Ming-Chi Kuo believes the foldable iPhone will take advantage of Apple’s strong “cross-product ecosystem”.

The product location of foldable smartphones is currently integrating the smartphone and tablet. Foldable devices are predicted to blur product segmentations between smartphones, tablets and laptops in the future. It is also expected that Apple will be the biggest winner of the new foldable device trend with its cross-product ecosystems and hardware design advantages.

If you remember, it was revealed that Apple received a new patent for the foldable iPhone in the past months.

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