India, July 14 -- Apple is reportedly set to unveil its first foldable iPhone this year, while a redesigned 20th anniversary iPhone and camera-equipped AI AirPods are currently said to be targeted for a late 2027 launch.

Apple is working on a major lineup of new products over the next two years, including its first foldable iPhone, a redesigned iPhone to mark the product's 20th anniversary and camera-equipped AirPods focused on artificial intelligence (AI), according to a Bloomberg report. The company is also developing a new generation of chips to power these devices.

The report said Apple is planning what could be its biggest wave of product launches yet. The devices are expected to arrive during the first full year of Chief Executive...