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The device could be officially announced by late 2024 or early 2025, according to reports from supply chain sources cited by DigiTimes.
Apple has been working on foldable products for four years, focusing on the iPad before a foldable iPhone. This approach allows Apple to manage potential issues more effectively, given the iPad's smaller share of the company's sales.
The design of the foldable iPad has not been finalized, and Apple's main goal is to create a cost-effective design. Challenges include addressing panel and hinge issues, particularly concerns about display creasing. Apple is working with suppliers like Samsung and LG to find solutions to these challenges.
Mass production of the first foldable iPad is expected to begin in 2025. The move could boost iPad shipments and help lift global tablet sales, which have been declining in recent years.