Apple’s first foldable iPhone could generate around $14 billion in December-quarter revenue, Morgan Stanley said, while South Korean component maker Fine M-Tech could record more than ₩200 billion (approximately $147.5 million) in Apple-related second-half revenue if supply volumes expand as expected. Morgan Stanley forecasts 7 million to 8 million builds in the second half of 2026 and up to 20 million units during the first product cycle, though memory availability could limit near-term production. Fine M-Tech, which commercialized the world’s first foldable backplate in 2019 and has shipped more than 55 million sets, is also benefiting from Samsung Electronics’ foldable recovery and growth in electric-vehicle, energy-storage and automotive components. The launch will test Apple’s pricing power, with Pro models potentially rising more than $200 year over year because of higher NAND and DRAM costs, while TSMC’s 2nm process is expected to be the key iPhone 18 Pro upgrade for on-device AI. The Sept. 9 event will be the first major iPhone launch in 15 years without Tim Cook headlining it; new CEO John Ternus is expected to present the foldable iPhone, possibly called the iPhone Fold Ultra, alongside broad price increases.