P
True or hoax, no one can be certain yet. But presently hints at a possible release for 2018, or after Animal Crossing Mobile (which has failed to be release on schedule as previously claimed). The type of game itself is also unclear, including if its a freemium or pay one time, or maybe a port of a previous platform.

Source:
http://www.droidgamers.com/2017/05/15/the-legend-of-zelda-android/
S
It is most likely true. Despite the fact that some Nintendo games for Android/iOS appear to have low rating (like Super Mario Run), they are bought by several people around the world, generating a pleasant profit for Nintendo. After witnessing the success of The Legend of Zelda - Breath of the Wild for the Wii U and Nintendo Switch, they will probably release The Legend of Zelda for mobile before August, 2018.
N
Prectorian · #1The type of game itself is also unclear,
lets hope its not a Link/Zelda run , like Super mario run.
S
Replying to #3
I think the game will probably resemble
Legend of Zelda - Breath of the Wild (Botw) both in terms of graphics and function. Although it has fantastic lighting quality, Botw lacks high-resolution textures. PowerVR, Mali, and Adreno can easily support this. Also, that Botw offers a wide open world which can be discovered freely impressed several Zelda fans. This element will most likely be reproduced on iOS (and hopefully, Android) as recent mobile products can support high RAM.