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Apple enters foldable market with high-priced iPhone Duo

By Tech Desk · 2026-09-10 · Updated 2026-09-11 01:05 UTC
A sleek, folded smartphone resting on a minimalist desk surface
Illustration: Tradingbird

Apple has unveiled its first foldable smartphone, the iPhone Duo, with pricing reaching $3,200 in global markets and 15,999 yuan in China. The late entry faces stiff competition from established local rivals like Huawei and Xiaomi, though the news has already boosted Apple shares by over 3%.

  • According to GN technics/mobile (en-US), the iPhone Duo will launch in China at 15,999 yuan, positioning it between the new Xiaomi 18 Fold and the triple-fold Huawei Mate XT2. Pre-orders for the device open on October 16, with early local reactions highlighting the lack of a physical SIM slot and the requirement for in-person eSIM activation.

    Source: GN technics/mobile (en-US)
  • Apple is launching its first foldable smartphone, the iPhone Duo, with prices reaching $3,200. This move marks a significant shift in the company's strategy but comes with a steep price tag and late entry into a market already facing durability concerns.

    Source: GN technics/mobile (en-US)
Based on reporting by GN technics/mobile (en-US) and GN technics/mobile (en-US), compiled by the Tradingbird desk.

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