A DSCC (Display Supply Chain Consultants) recently released a report that the first quarter of this year was the third best period for flex display smartphones to date. Although these special and forward-looking devices did not perform as well as during the holidays, the segment grew by 571 percent year-over-year to 2.22 million units.
Within the product category, flexible devices that carry on the design of flip mobiles, or “old-time” handsets, are becoming more popular, with the Samsung Galaxy Z Flip 3 accounting for half of the 2.22 million devices sold.
This was followed by the Galaxy Z Fold 3, the second most popular foldable screen mobile in the first quarter of 2022. From here, it’s no longer hard to guess that the market is dominated by Samsung, accounting for 74 percent of the global folding screen phone segment.
Huawei is also coming up, with 20 percent of the flex display smartphone market in the period under review. The cornerstone of their success is the Huawei P50 Pocket, which has also been able to steal into the hearts of the public thanks to the design of the flip.
According to the report’s experts, Samsung has even higher expectations for its upcoming flex devices this year. Analysts believe this could indicate a slightly more affordable price for the Galaxy Z Fold 4, the amount will be less than the certain $ 1,800 they were charged to get started with the Galaxy Z Fold 3.
As for the completeness of the market, it is estimated that it will double by the end of the year, so that a total of 16 million foldable mobile phones will be available in 2022. In addition, availability will not be a problem, as expensive, relatively small-volume bendable devices will not suffer from a lack of components like traditional smartphones.
Source: GSMArena
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