11:34 AM EDT, 07/23/2024 (MT Newswires) -- Apple ( AAPL ) is working on a foldable iPhone that may be released as early as 2026, The Information reported Tuesday, citing two people with direct knowledge of the matter.

The tech giant has been in contact with suppliers in Asia over the past few months to make components for the device, the people told The Information. The phone would fold widthwise like a clamshell, the report said, citing the people.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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