Huawei will surpass Samsung in folding screen mobile phone

According to the most recent folding/rollable display shipments and technology report from DSCC, shipments of foldable smartphones reached 4.2 million units in the fourth quarter of 2023, a 33% year-over-year growth that ranked fourth in history. elevated.

Samsung Galaxy Z Flip 5 and Z Fold 5 sales were less than anticipated, although they still dominated the market for the quarter. In the fourth quarter of 2023, market share was increased by Huawei and Honor.

In the fourth quarter, a total of 23 distinct foldable phone models were shipped. Samsung has four models among the top ten models in sales, Honor and OPPO have two models each, Huawei and Xiaomi have one model apiece. The best-selling model is still the Samsung Galaxy Z Flip 5, which is followed by the OPPO Find N3 Flip, Huawei Mate X5, Honor Magic Vs2, and Samsung Galaxy Z Fold 5.

Huawei will surpass Samsung in folding screen mobile phone

According to the survey, in the first quarter of 2024, the foldable mobile phone market is predicted to rise by 105% year over year due to Huawei’s impressive performance. With its significant edge against Huawei, Samsung is anticipated to reclaim the top spot in the second half of the year and dominate the market in 2024. In 2024, shipments of 25 distinct foldable phone models are anticipated in the first quarter, with an additional 27 types predicted to be supplied over the course of the year.

The report also stated that OPPO and Vivo have stopped updating their clamshell foldable phones because they are worried about losing market share due to factors like insufficient price elasticity, thickness issues, acceptance in the Chinese market, and other issues, even though Huawei and Honor are predicted to gain market share in 2024. But in 2024, Huawei is anticipated to release at least two new flip phones; in addition, manufacturers like Honor, Motorola, Samsung, and others will be updating their models. In general, it is anticipated that clamshell foldable phones will have a greater market share in the foldable screen industry.