US consumers have been fumbling with chip cards for a year now. Credit: Getty Images It's been a long year. At least, it feels that way if you spent it waiting to pay for things with your chip card.

A credit card or ID card that contains a chip. When inserted into a reader (contact card) or held within a few inches of the reader (contactless), data are transferred to a central computer.

These rumors claim that Apple is working on a new chip that will help the foldable iPhone have an improved battery efficiency. A rumor shared by Weibo user "Phone Chip Expert" involving the ...