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According to multiple supply chain sources, the foldable device is expected to retail for US$2,300-2,500, while assembly labor costs are estimated at only US$3-4 per hour.

Production timeline under pressure

Recent reports indicate that Apple is accelerating every stage of development to bring the device into mass production.

To stay on schedule, manufacturing partner Foxconn is reportedly streamlining parts of its hiring process.

Earlier, well-known Apple analyst Ming-Chi Kuo suggested that Apple's first foldable iPhone would not reach consumers according to its original timetable.

Current expectations are that Apple will unveil the device alongside the iPhone 18 Pro and iPhone 18 Pro Max during its September 2026 launch event.

However, commercial availability could be delayed by several months, meaning the foldable iPhone may not officially reach the market until 2027.

If that proves accurate, customers are unlikely to purchase Apple's first foldable handset during the 2026 holiday shopping season.

The delay has reportedly increased pressure on Apple and its suppliers to complete manufacturing preparations before large-scale production begins.

Key components taking shape

Supply chain sources say the foldable display's Ultra Thin Glass (UTG) will be supplied exclusively by Chinese manufacturer Lens Technology.

UTG is considered one of the most critical components in a foldable smartphone.

Unlike conventional smartphone glass, it must be rigid enough to protect the OLED display while remaining flexible enough to withstand hundreds of thousands of folds without compromising durability or display quality.

Foxconn, Apple's longtime manufacturing partner, is expected to assemble the entire device.

According to reports, the company has entered the final preparation phase before mass production begins.

Foxconn ramps up hiring

To meet expected production demand, Foxconn has launched a large-scale recruitment campaign at its Longhua manufacturing complex in China.

Following a restructuring of its smartphone production operations, the division responsible for assembling Apple's foldable iPhone is reportedly hiring thousands of additional workers.

The recruitment drive targets temporary workers, seasonal employees and hourly staff.

Hourly wages range from 22 to 26 yuan (US$3.10-3.65) per hour.

The contracts run from July through October, matching the expected timeline for large-scale production preparations.

The figures have attracted attention because they contrast sharply with the rumored retail price of the device.

If current reports are accurate, Apple's first foldable iPhone will cost between US$2,300 and US$2,500, making it the most expensive iPhone ever introduced.

Foxconn is also recruiting additional full-time employees.

According to published figures, new hires will receive a probationary monthly salary of about 2,600 yuan (US$360).

After completing probation, the base salary rises to roughly 2,950 yuan (US$410) per month.

Employees may also earn overtime pay, performance bonuses and night-shift allowances, increasing their total monthly compensation.

Racing against the clock

Industry observers say the most significant development is not the wage level but the speed of recruitment.

According to supply chain sources, temporary workers can begin almost immediately without completing the medical examinations that were previously mandatory during recruitment.

The move is widely viewed as a sign that Foxconn is under considerable pressure to staff production lines as quickly as possible to meet Apple's schedule.

Analysts believe Apple has entered one of the most critical phases of its foldable iPhone project.

Although the device is expected to become the company's most premium and expensive iPhone to date, Apple still faces the challenge of finalizing production processes while securing sufficient supply ahead of launch.

If development proceeds according to plan, the foldable iPhone will mark Apple's official entry into the foldable smartphone market, placing it in direct competition with manufacturers such as Samsung, Huawei and Honor, all of which have years of experience in the category.

With a projected price approaching US$2,500, the device is expected not only to become the most expensive iPhone in Apple's history but also one of the company's highest-margin products in the years ahead.

Hai Phong