Apple's foldable iPhone launch pressures Samsung's seven-year lead

invezz.com (Swedish)

Samsung Electronics shares fell 1.5% to 265,500 won on Thursday after Apple unveiled its first foldable smartphone, the $1,999 iPhone Duo, directly challenging Samsung's seven-year lead in the category. Apple's entry follows years of Samsung iteration on the Galaxy Fold since 2019, improving durability and design. IDC projects Apple will capture nearly one-third of the foldable market in 2026 and 40% in 2027, potentially shifting premium value share. Samsung's foldable sales have grown 30% year-over-year, and the company retains advantages in multiple designs and price points. Pre-orders for the iPhone Duo open October 16, with sales starting October 23.


With a significance score of 1.5, this news ranks in the top 38% of today's 33861 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


Apple's foldable iPhone launch pressures Samsung's seven-year lead | News Minimalist