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Samsung aims to catch up to Chinese rivals for thin foldable phones as Apple said to enter the fray

1. Samsung launched the thinner Galaxy Z Fold6, facing fierce competition. 2. Chinese rivals Honor and Oppo have lighter foldables impacting market dynamics. 3. Market interest in foldables remains low at just 2% share this year. 4. Apple plans to enter the foldable market with a new iPhone next year. 5. Consumer preferences for foldables need to change for market growth.

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Why Bullish?

Apple's entry into foldables suggests potential growth and market expansion opportunities. Similar tech advancements have historically boosted Apple's stock, as seen with product launches like the iPhone.

How important is it?

The article highlights Apple's strategic move into foldables, indicating strong market positioning; this could capture consumer attention and drive significant sales growth.

Why Long Term?

The anticipated iPhone's release can significantly influence sales in the long term, building on Apple's brand loyalty and market penetration strategies.

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