Will Apple's close-to- Rs.3 lakh iPhone Duo help double India's foldable phone market?
New Delhi, Sept. 10 -- Apple Inc. introduced the iPhone Duo on Wednesday, marking its long-awaited entry into folding phones and its first expansion into a new hardware category since the Vision Pro headset in 2024. The launch is expected to give a major boost to India's nascent foldable smartphone market, despite a steep price tag starting close to Rs.3 lakh. Industry analysts said that strong demand for the Duo could help double India's foldable phone market by the end of 2027.
The move intensifies competition for foldables buyers in India, where Apple's South Korean rival Samsung Electronics Co. expanded its own lineup with three new models in July. Projections from Counterpoint Research and International Data Corp. (IDC) estimate Ind...
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