When foldable smartphones first entered the industry, question marks arose. These devices, which had a hinged structure, were criticized for being easily breakable. One of the important handicaps of foldable phones was the price issue. Compared to regular smartphones hard to buy prices were not welcomed.
The report published by Display Supply Chain Consultants revealed that consumers have thrown this thought out of their minds over time. Market share of foldable smartphones in the third quarter of 2021, reports DSCC’s Ross Young 215 percent quarter to quarter, 480 percent year over year increased.
Samsung gave the good news for its affordable phones!
South Korea-based technology manufacturer Samsung wants to add new features to its mid-segment and budget-friendly smartphones.
Most popular foldable phone: Samsung Galaxy Z Flip 3
According to the foldable smartphone shipment report covering the third quarter of 2021, the most popular device Samsung Galaxy Z Flip 3 turned out to be. 60 percent market share found this product with a 23 percent market share Galaxy Z Fold 3 followed. The Samsung Galaxy Z Flip 5G model, which was introduced last year, has a 7% market share. third best selling It’s a foldable phone.
After 2 percent market share with Huawei Mate X2 and X2 4G on the way; Samsung Galaxy Z Fold 2 It was placed at the sixth position of the list. In light of these data, DSCC predicts that the South Korean company will expand the foldable smartphone market in the third quarter of 2021. dominates 93 percent determined. Thus, Samsung revealed that it dominates the market by a wide margin.
The increase in foldable smartphone shipments is expected to continue. According to DSCC, in the fourth quarter of 2021 data, shipments 47% quarter-on-quarter, over 450% year-over-year will increase and It will reach 3.8 million units.
Samsung in the fourth quarter to increase its market share to 95 percent. while saying; The Z Flip 3 is estimated to stay at 58 percent. It is also shared that the Z Fold 3, which comes after it, will increase to 36 percent and the Mate X2 4G will reach 4 percent.