According to a renowned market analyst, Apple may launch an iPad model equipped with a foldable display for the first time in 2024. The Cupertino company is also working on a refreshed iPad mini model that could enter mass production next year, while the iPad models currently offered by Apple are seeing a year-on-year (YoY) decline in shipments. Can. The analyst has also shared details of the manufacturing material used for the alleged foldable iPad model, which may feature an inbuilt kickstand.
Details of the new iPad with a foldable display were shared on Twitter by TF Securities analyst Ming-Chi Kuo. According to Kuo, the company may not release new iPad models for the next 12 months, while a new iPad mini model could enter mass production in 2024. Apple had previously launched the iPad mini (2021) with an 8.3-inch Liquid Retina display and the company’s A15 Bionic chip in September 2021.
Kuo estimates a 10 to 15 percent decline in iPad shipments for 2023, while also saying that the foldable iPad launching in 2024 will expand the company’s product portfolio and boost iPad shipments.
According to the latest survey by Kuo, the alleged iPad with foldable display will be equipped with a carbon fiber kickstand for better durability. Jiangsu-based Anji Technology, a Chinese company that supplies internal and external functional components to consumer electronics companies, will be the biggest beneficiary of the growing trend of foldable devices that feature kickstands, according to the analyst.
In December, Kuo claimed that it was unlikely that Apple would replace the iPad mini with a foldable iPad until 2025, stating that the company would have to sell the latter at a “significantly” higher price, making it an inappropriate replacement. . The analyst previously predicted that a new iPad mini model with the new processor would start shipping to customers by late 2023 or the first half of 2024.
Last year, market research and advisory firm CCS Insight predicted the arrival of a foldable iPad with a flexible display in 2024. In its annual ‘Predictions for 2023 and Beyond’ report, the firm had claimed that Apple will bring a foldable iPad – hopefully in the ‘super premium’ price range – to the market before attempting to introduce a foldable iPhone. It is worth noting that, Apple has not yet announced any plans to launch a foldable smartphone over the tablet model next year.
