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Apple plans five new iPhones through 2027, eyes Chinese-made memory chips

Apple plans to launch five new iPhone models through 2027, including a foldable, according to reports. The company is weighing Chinese memory suppliers CXMT and YMTC as a global chip shortage bites. The push aims to defend market share.

A smartphone assembly line in a factory
A smartphone assembly line in a factoryPhoto: Andrey Matveev / Pexels
CNBC Top News2 h agoAAPL

Apple plans to launch five new iPhone models through 2027, including its first foldable device, according to reports. The company is aiming to broaden its lineup and defend its share of the global smartphone market.

The reports say Apple wants to diversify its supply chain amid a persistent memory-chip shortage and is weighing purchases from Chinese manufacturers CXMT and YMTC. Rising memory prices are squeezing costs across the device industry.

Analysts note that turning to Chinese suppliers is a step that must be managed carefully given geopolitical sensitivities. Apple has not commented officially on the plans, and any final decision could become clearer in the coming months.

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This article is an AI-curated summary of the original story published by CNBC Top News. The illustration is a stock photo by Andrey Matveev from Pexels and is not from the original story.

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