Apple is adding a US titanium supplier for its foldable Duo and expanding domestic camera component production amid severe supply constraints for the new phone.
01Summary
- 01Apple will commit up to $100 million over three years to Pennsylvania-based Perryman Company for titanium used in products including the $1,999 foldable Duo.
- 02Preorder delivery estimates for some Duo models reach roughly 14 weeks, the longest wait Morgan Stanley has recorded for a new iPhone in a decade.
- 03JPMorgan analysts estimate Apple will ship 8-9 million Duo devices this year, down from an earlier forecast of 10 million, due to supply constraints.
- 04Apple is expanding its partnership with Delaware-based Qnity Electronics to manufacture films for the variable-aperture camera system on the iPhone 18 Pro.
- 05Nearly 100 components used in the iPhone Duo and iPhone 18 Pro are produced by American companies across more than a dozen states.
02Why it matters
The supply constraints for Apple's first foldable phone mean long waits for customers and lower-than-expected shipments, while the company's push to diversify suppliers could affect future production and prices.
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