According to a recent report, the third quarter of 2021 it was a great success for the folding smartphones and for Samsung which, as you can imagine, dominates the ranking with a share of 93%. Let’s find out all the details together.
Samsung and the 93% share for foldable smartphones
When foldable smartphones entered the market, many were skeptics about theirs fragility and the remarkably high price. Also the initial problems with the first generation from Galaxy Z Fold of Samsung have not improved the situation. Indeed, they increased doubts, prompting the public to think that they could never leave an indelible mark on the market.
Steep prices and fragility contributed to TCL’s decision set aside your foldable smartphone project. But life has many surprises in store for us and we recently learned that folding models are conquering the market, even exceeding expectations.
A recent research report released by the agency DSCC pointed out that in the third quarter of this year, the total shipments of foldable display mobile phones are increased 215% month over month he was born in 480% year over year.
In terms of brands, Samsung’s shipments accounted for one a staggering 93% share of the market, while those of Huawei accounted for the remainder 6%. The market is currently controlled by the two companies, of which Huawei’s run in the market is limited to China due to the US embargo.
DSCC predicts that the shipment of smartphones with foldable displays will increase by 2.6 million up to 4 million units in the fourth quarter of this year. The company also expects shipments to increase to 20 million units within the next year.
In terms of models, the most popular foldable smartphone is the Galaxy Z Flip 3 followed by Galaxy Z Fold 3, Galaxy Z Flip 5G. Instead the models Huawei Mate X2 4G version and version 5G they finished fourth and fifth.
It is worth mentioning that according to some rumors, it seems that Huawei has a smartphone with a foldable display in the pipeline for the series Mate. The model that will use a flip design just like that of the Galaxy Z Flip3 and Motorola Razr 5G is expected to be presented shortly. The model will be cheaper and should increase the Huawei’s market share when it goes on sale.
For more information, you can consult the official Samsung website.