Foldables solve two problems, one consumer and one business.
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Consumer problem: phones are unweildly and large. Folding allows optimal screen space in addition to a return to portability.
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Business Problem: how to make people upgrade their phone every year when we can make phones that last 5-10 years+ easily? Make a folding phone that will absolutely break within a year or two tops. It is not a negative pattern like pre-1980s spark plugs or modern LED light bulbs that should never burn out but do; so governments have no reason or legal avenue to pursue.
The question is, how do you bet against the US Economy and for whatever selfish fuckhead of a plan they have.