iPhone Fold could be cheaper than we thought — and it’s all because of this one part

More news on a critical part of the iPhone Fold has been shared by analyst Ming-Chi Kuo, which gives hope not only that this phone is actually real, but that Apple’s found ways to keep costs down.

Kuo claims that the hinge at the heart of the foldable iPhone will cost noticeably less than previous expectations for Apple to buy. He expects a per-unit price between $70-80, rather than $100 – 120 as had previously been assumed, a reduction of between 20% and 40%.