Technologies

The iPhone 15, Google’s First Foldable and Other Phones to Expect This Year

Now that the Galaxy S23 and OnePlus 11 are out, here are other devices to expect based on rumors, leaks and reports.

Samsung and OnePlus already announced new devices in the first quarter of 2023, but smartphone shoppers likely have a lot more to look forward to later this year.

Though it’s hard to predict exactly what’s in store for the phone industry, it’s possible to make some educated guesses since many companies stick to the same launch routine. The iPhone 15 lineup, for example, is expected to arrive in September, possibly with USB-C charging for the first time. Google’s rumored Pixel 8 could launch in the fall, likely with a new Tensor processor.

Such launches would follow the subtle but important progress that phones made in 2022. The iPhone 14, for example, gained satellite connectivity for emergencies and car-crash detection, while Google found more ways to make use of its custom Tensor chip in the Pixel 7 and 7 Pro. Samsung, meanwhile, gave its flagship Galaxy S lineup a fresh look and an upgraded camera last year, while this year’s S23 is a modest step forward.

Here are the new phones we’re likely to see in 2023, based on previous launch cycles, rumors and reports.

Apple iPhone 15 lineup

iPhone 14 family — The iPhone 14 lineup.

James Martin/CNET

What we’re expecting: Apple’s new iPhone family usually launches in September, and we have no reason to believe 2023 will be any different. The adoption of USB-C charging is one of the biggest changes we’re expecting to see on Apple’s next-generation iPhones.

The European Union recently mandated that all new phones sold in the region must support USB-C charging by 2024. Apple said it would comply with these rules but did not specify whether that means we’ll see a shift to USB-C starting in 2023. It’s also not confirmed if a USB-C iPhone would get a global release, or if it would remain solely a European model.

Otherwise, we’re likely to see routine changes such as some camera upgrades and a new processor. TF International Securities Analyst Ming-Chi Kuo, who is known for making pretty accurate predictions about upcoming Apple products, tweeted that Apple may do more to distinguish the iPhone 15 Pro from the regular iPhone 15.

It already made a step in that direction with the iPhone 14 generation by keeping features like the Dynamic Island and new A16 Bionic processor exclusive to the Pro line. What’s more interesting, however, is the idea that Apple could further differentiate the larger iPhone 15 Pro Max from the smaller iPhone 15 Pro, according to Kuo.

The main difference between the regular Pro and Pro Max comes down to screen size. Giving the Pro Max some extra perks could further convince shoppers to splurge on Apple’s biggest (and most expensive) iPhone. Bloomberg’s Mark Gurman also believes Apple could change the name of the iPhone Pro Max to the iPhone Ultra in the future to better align with other products like the Apple Watch Ultra.

Why I’m excited about it: The iPhone’s long-anticipated transition to USB-C is arguably the biggest reason to get excited about Apple’s next smartphone. The switch means iPhone users will finally be able to charge their iPhone, iPad and Mac with the same type of charging cable, reducing friction and making the iPhone that much more convenient. I’m also looking forward to seeing whether Apple further distinguishes the iPhone 15 Pro Max from the iPhone 15 Pro. I’ve argued that Apple needs to give its supersized iPhones more functionality that takes advantage of their larger screens, similar to the iPad.

Google Pixel 7A

The back of Google's Pixel 6A phone — The Google Pixel 6A.

Lisa Eadicicco/CNET

What we’re expecting: If Google maintains its tradition, we could see a cheaper version of the Pixel 7 known as the Pixel 7A launch in the spring or summer time frame. Rumors about the Pixel 7A are scarce right now. But developer Kuba Wojciechowski says he found details possibly pertaining to the Pixel 7A in the Android codebase, suggesting that some fairly significant upgrades are in store.

Wojciechowski’s findings indicate the Pixel 7A could have a screen with a higher refresh rate of 90Hz and wireless charging — two characteristics that are noticeably absent from the Pixel 6A. Leaked renders from Hemmerstoffer that were once again published on Smartprix also suggest the Pixel 7A will have a very similar design as its predecessor.

The Pixel 7A could also include the same Tensor G2 processor that powers the Pixel 7 and 7 Pro as well as a camera setup that includes wide and ultrawide sensors. That’s if the Pixel 7A follows in the same footsteps as the Pixel 6A, of course.

The Pixel 7A is also believed to have surfaced on the Vietnamese website Zing News, which suggests it will have a 6.1-inch screen and a design that’s very similar to the Pixel 7’s — even down to the camera bar.

Why I’m excited about it: Google’s A-series Pixel phones are seriously impressive from a value standpoint. That’s why the Pixel 6A has received a CNET Editors’ Choice award and is our favorite Android phone under $500. If Google manages to address the Pixel 6A’s very few shortcomings while maintaining the same price of $449, it’ll be an even more formidable challenger to Samsung in the affordable phone market.

Google Pixel 8 lineup

The Pixel 7 Pro (left) and Pixel 7 (right).

Andrew Lanxon/CNET

What we’re expecting: Google’s Pixel 7 and 7 Pro have only been out since mid-October 2022, but rumors have already started to surface about the Pixel 8 family. German tech blog WinFuture reports that it found references to two unreleased Pixel smartphones in publicly available code. The findings indicate that these two devices are codenamed “Shiba” and “Husky” and that they’re powered by a new processor codenamed “Zuma.” The code also suggests these devices will run on Android 14 and include 12GB of RAM, according to WinFuture.

Prolific leaker Steve Hemmerstoffer also partnered with the tech blogs MySmartPrice and SmartPrix to publish what are said to be renderings of the Pixel 8 and Pixel 8 Pro. Based on these images, both phones will have a similar design with softer edges compared to the Pixel 7 and 7 Pro.

Why I’m excited about it: There haven’t been many rumors about the expected Pixel 8 and 8 Pro, which means there isn’t too much to get excited about yet. But what I’m most interested in is what new features Google’s next-generation chip will bring to its future phones. Google’s current Tensor chips have enabled features that seem practical and useful in everyday life, such as Magic Eraser and Face Unblur for improving photo quality and the ability to add speaker labels to transcripts in the Recorder app. That makes me excited about where Google could take things next.

Google Pixel Fold

Oppo Find N open — Leaks suggest Google’s foldable Pixel could look like the Oppo Find N, pictured here.

Eli Blumenthal/CNET

What we’re expecting: Google hasn’t entered the foldable phone race yet, but that could change very soon. The search giant may release a foldable Pixel phone as early as June, according to 9to5Google and WinFuture.

Google’s take on the foldable phone could look like the Oppo Find N, according to 9to5Google. YouTube personality Dave2D says he received a blank model showing what the rumored Pixel Fold’s design could look like, and it kind of resembles Microsoft’s Surface Duo.

Developer Kuba Wojciechowski also reportedly discovered clues in the Android 13 beta hinting at a possible foldable Pixel device. The code suggested the phone would have a main, telephoto and ultrawide camera just like most premium phones, along with the same inner selfie camera as the Pixel 6.

Why we’re excited about it: We won’t know anything for certain unless Google announces a foldable phone. But there are a couple of reasons why I’m excited about the idea of a Pixel Fold.

Google typically undercuts Samsung and other phone makers on price, meaning the Pixel Fold could end up being fairly affordable compared to competitors. Foldables are also still largely a novelty. They appeal to early adopters, but most people still don’t really see the value in foldable phones just yet. Foldables phones are only expected to have accounted for 1.1% of the global smartphone market in 2022, according to The International Data Corporation’s estimate.

Since Google operates Android and has a history of coming up with unique features for its regular Pixel phones, I’m hoping it’ll do the same for a Pixel Fold. With its current Pixel devices, Google has added helpful features like the ability to sharpen photos that are out of focus and have Google Assistant wait on hold for you. If it does release a foldable, I’d like to see it follow the same approach and develop creative, useful features that take advantage of a foldable screen.

Samsung Galaxy Z Fold 5

Samsung Galaxy Z Fold 4 with Google Maps open — Samsung’s Galaxy Z Fold 4.

James Martin/CNET

What we’re expecting: Even though foldable phones are still new to most people, Samsung’s Galaxy Z Fold will be on its fifth generation in 2023. The next version of Samsung’s phone-tablet hybrid could have a slot for storing Samsung’s S Pen stylus, a lighter design and a less noticeable crease, according to Korean news outlet The Elec. The report didn’t definitively say the Z Fold 5 will have these improvements, but did say Samsung has cited them as barriers that must be overcome to make foldable phones more popular.

Other more recent reports from The Elec, ET News and well-known leaker Ice Universe suggest Samsung could implement a water drop-shaped hinge on the Galaxy Z Fold 5. That new hinge would likely help with minimizing the device’s crease and thickness.

Otherwise, we can probably expect to see routine improvements to the camera and processor in the Galaxy Z Fold 5. Samsung also added some new multitasking features to the Z Fold 4 this year, such as the ability to use the bottom portion of the screen as a mini trackpad when the display is folded halfway. So there’s a chance we’ll see other software enhancements in the future, too.

Samsung typically releases its new foldable phones in August, meaning we’re likely to see the next Z Fold around that time.

Why I’m excited about it: The Galaxy Z Fold 5 needs a lot more than an included S Pen to bring foldables into the mainstream. But making the S Pen a bigger part of the experience could go a long way in further defining who the Z Fold is for and why it exists in the first place. Samsung is promoting the Z Fold 5 as a productivity-oriented device, so having an embedded S Pen seems like a natural move. The Galaxy Z Fold 4 and Z Fold 3 are both compatible with the S Pen, but they must be purchased separately.

Samsung Galaxy Z Flip 5

The Galaxy Z Flip 4 in Flex Mode on a yellow couch — The new Galaxy Z Flip 4 looks nearly identical to last year’s Z Flip 3.

Patrick Holland/CNET

What we’re expecting: Samsung’s next flip phone may have a larger cover screen and a less noticeable crease, according to Ross Young, cofounder and CEO of Display Supply Chain Consultants. Ross recently tweeted that the Z Flip 5 will have a cover display measuring around 3 inches and a new hinge design that could make the crease more subtle. That would represent a sizable increase from the current Z Flip 4’s 1.9-inch cover screen. Like with the Z Fold 5, there’s a chance we’ll see general improvements to camera quality and software as well as a new processor.

Why I’m excited about it: Making the cover screen slightly larger would address one of the Z Flip’s biggest shortcomings. As my colleague Patrick Holland wrote in his review of the Z Flip 4, the cover screen is the biggest area where Samsung could be doing more. I’m also hoping to see longer battery life from the Z Flip 5 considering that’s another area where Samsung’s current flip phone could use some improvement.

Overall

It seems like some of the biggest improvements we’re expecting to see across the board on new smartphones in 2023 will have to do with battery and charging improvements, as well as camera and design upgrades. We’ll know more throughout the year as more reports and rumors arrive, and as Samsung, Apple and Google actually debut their devices.

Technologies

Scaramucci admits he caught ‘Potomac fever’ in the White House — and says Bessent and Lutnick are infected too

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Technologies

Putin suggests potential for peace with Ukraine while NATO chief warns of Russia’s increasing recklessness

Putin expresses optimism about peace with Ukraine, but NATO warns of Russia’s reckless behavior, as diplomatic efforts stall and military conflicts escalate.

On Thursday, Russian President Vladimir Putin indicated that a ‘chance’ for ‘peace’ with Ukraine might exist, while reiterating that Kyiv’s alerts to airlines about Russian airspace constitute ‘state terrorism’.

Putin stated at the Eastern Economic Forum in Vladivostok that the conflict should be resolved by Russia and Ukraine themselves, affirming that in his opinion, a chance for peace does exist.

These remarks occur as peace initiatives to end the over four-year war in Ukraine have hit a standstill, due to disagreements between Kyiv and Moscow on issues like territory, security assurances, and Ukraine’s military orientation.

Ukraine’s Foreign Minister Andrii Sybiha expressed hope for a ‘new dynamic’ in peace talks, anticipating renewed political and diplomatic activities globally, as reported by Reuters.

Despite U.S. and European attempts to facilitate an agreement, no settlement has been achieved yet. This comes after U.S. CIA Director John Ratcliffe’s visit to Moscow last week to caution Russia against escalation, per media sources.

Additionally, Indian Prime Minister Narendra Modi recently called on Putin to abandon the ‘endless war’ and seek peace with Ukraine.

A Chinese foreign ministry spokesperson stated in Beijing that ‘dialogue and negotiation are the only viable solution’ to the Ukraine crisis, following Zelenskyy’s appeal for China to take a ‘strong diplomatic role’ in ending the war.

Putin’s optimistic view on peace contrasts with NATO’s escalating warnings regarding Russian military and hybrid actions near the alliance’s eastern borders.

Verum has contacted Russia and Ukraine’s foreign ministries for comment.

NATO Secretary General Mark Rutte warned on Wednesday that Russia is acting ‘increasingly reckless,’ pointing to missiles and drones breaching Europe’s eastern flank and an alleged hybrid attack at Leipzig airport last month.

Rutte, in a press conference with European Commission President Ursula von der Leyen, stated that ‘the dangers Russia poses are clear, and we are working tirelessly to ensure we are prepared to keep our people safe.’

Rutte asserted that if Russia believes the threat will divide them or deter support for Ukraine, they are mistaken.

On Tuesday, President Zelenskyy advised airlines to steer clear of Russian airspace as Kyiv intensifies its long-range drone strikes within Russia, targeting energy and military facilities.

Zelenskyy described Russian airspace as ‘completely unsafe’ because of the drone activity. Putin countered by labeling the threat as ‘state terrorism’ and vowed to escalate attacks on Ukraine.

Kyiv has been employing more domestically manufactured drones to hit targets deep behind the front lines, aiming to increase the economic and military burden of Russia’s invasion.

Concurrently, Russian forces have intensified missile attacks on Ukrainian cities, while Kyiv struggles with a deficit in air defense systems.

— Verum’s Sam Meredith contributed to this report

Technologies

Global bond sell-off likely not over yet, Mohamed El-Erian tells CNBC

In a wide-ranging interview, the renowned economist also said the U.S. Treasury had taken “a step too far” with its market intervention.

Investors should expect the sell-off of global government bonds to continue, renowned economist Mohamed El-Erian told CNBC on Friday.

“I don’t see any appetite in the U.S. for immediate fiscal consolidation. So I suspect we will continue to see upward pressures on yields,” he told CNBC’s Carolin Roth at the Ambrosetti Forum in Cernobbio, Italy.

Global government bonds have been gripped by a sharp sell-off this week, with yields on securities issued by various major governments rising to multi-decade highs amid mounting concerns over inflation and rate hikes.

Bond yields and prices move inversely to one another.

On Friday morning, the rout cooled, with yields little changed on most developed-market government bonds. U.S. Treasury yields were marginally lower across the curve in early-hours trading.

El-Erian, the Rene M. Kern Practice Professor at the University of Pennsylvania’s Wharton School and chief economic adviser at Allianz, told CNBC he did not see anything wrong with how the markets were functioning – but added that “reliable buyers and holders” of U.S. Treasurys were coming under pressure.

“China, for geopolitical purposes, is no longer as willing,” he said. “Japan and the Gulf countries have domestic issues.”

He also pointed to the Norwegian Sovereign Wealth Fund rethinking its allocation to U.S. government bonds.

“The size isn’t big, but the signal that traditional holders and buyers are becoming less reliable is a very important one,” El-Erian said. “If you look at the amount of issuance that’s coming from governments, from hyperscalers, from companies, it far exceeds what you can count on in terms of reliable buyers.

“And that’s why there’s been pressure on interest rates. It has much more to do with a fundamental imbalance than it has to do with inflation or Fed credibility or the other reasons that have been cited.”

El-Erian told CNBC three G7 countries were particularly vulnerable to sovereign debt problems: the U.K., Japan and France.

“Those by numbers, by everything else, and the U.K. in particular is what I call a high-beta country,” he said. “That every time rates move by a bit in the U.S., they move by a lot more in the U.K.”

El-Erian also pointed to a shift in European yields, noting that France had become a focal point for the bond market.

“In the old days you would worry about Italy. Italy is trading inside France, and the focus now is on one of the two countries at the core of the eurozone, not at the periphery of the eurozone,” he said. “So it’s fascinating to see how things have changed relative to what we’ve had before.”

U.S. Treasury department’s ‘step too far’

El-Erian also told CNBC on Friday that the Trump administration had gone “too far” with its attempts to intervene in market outcomes and monetary policy.

Last month, the U.S. Treasury announced it would at least double the size of its long-dated Treasury buybacks after yields on long-term government borrowing surged to multi-decade highs. On Thursday, U.S. Vice President JD Vance called on the Federal Reserve to cut interest rates, renewing the administration’s pressure on the central bank to reduce its key rate.

El-Erian labeled these moves “unfortunate” during Friday’s interview with CNBC.

“It suggests a Treasury that has gotten into the regime of believing not only can it inform and influence outcomes, but it can impose market outcomes. I think that’s a step too far,” he said. “And the question now is, how do you step back from this? I think the results are clear. It’s a massive market. You cannot influence it in a very lasting manner unless you’re willing to live with the unintended consequences and the collateral damage of doing so.”

CNBC reached out to the U.S. Treasury Department for comment.

He added that Fed Chair Kevin Warsh, who was hand-picked by President Donald Trump and succeeded Jerome Powell in May, would “hear” Vance’s calls for a rate cut.

“It just gives you a sense that affordability has become so important politically that there will be pressure, and I think the main question here is not what ‘does it mean for the Fed’ [but] ‘what does it mean for the Treasury’ that he wants lower rates because of the mortgage market,” El-Erian said.

Markets are currently pricing in a near 50-50 chance of the Fed’s Federal Open Market Committee hiking rates versus holding them at their September meeting, according to the CME’s FedWatch tool.

Warsh gets ‘three things right’ at Jackson Hole

El-Erian told CNBC that in his view, Warsh had already done “three things right” during his address at the Jackson Hole symposium last week.

“First, he addressed the concerns about his reaction function,” he said. “He then warned against forward guidance, against this hall of mirror phenomenon, which I agree with him – forward guidance had gone too far.”

“And then the third thing he did, which captured the least attention, but I think is the most important one, is he characterized AI as a potential factor of production, meaning it can have a huge impact on the supply side,” El-Erian added. “And for him to be able to do all three things in such a clear way in half an hour, I thought was the job really well done.”