A new report from DigiTimes says that means the phone is on target to be launched next year. “Apple has quietly entered the early stages of developing its long-rumored foldable iPhone, with supply chain sources confirming that the company began its initial P1 (Prototype 1) phase in June,” it said.

Foxconn Technology Group (FXCOF) has reportedly instructed hundreds of Chinese engineers and technicians to return from its iPhone factories in India, posing a setback to Apple’s (AAPL) manufacturing expansion in the South Asian market.

The case could be a years-long fight for Apple against enforcers' attempts to lower what they say are barriers to competition with the iPhone.

The US Department of Justice's antitrust lawsuit against Apple will progress. US District Judge Julien Neals of New Jersey denied the tech company's motion to dismiss the lawsuit brought over its "walled garden" approach to smartphone software.