Samsung Set To Seize 80% Of Foldable Phone Market

X

Samsung is forecast to snare up to 80% of the global foldable phone market this year, according to a new supply chain industry report. It comes as Huawei faces trade sanctions, barring access to key parts.

Reported by Korean outlet, Yonhap News Agency, Samsung’s foldable phone market share is set to exceed initial expectations, citing a new report from Display Supply Chain Consultants (DSCC).

Samsung is expected to sell 3 million – 4 million units in 2020.

Analysts expect Samsung to seize up to 80% of the foldable phone market, as trade tensions thwart Huawei’s Mate X2 launch.

The Mate X2 foldable phone was reportedly slated to unveil in October this year, however, US sanctions impaired Huawei from accessing key components.

It follows Huawei’s split from Google’s Android operating system, with restrictions imposed by the Trump administration over cybersecurity risks.

By contrast, Samsung has unveiled two new foldable smartphones this year; the Galaxy Z Flip and premium Galaxy Z Fold 2.

DSCC expects Samsung’s Galaxy Z Flip to be the best selling foldable smartphone this year, followed by the Galaxy Z Fold 2 and Motorola Razr.

galaxy z flip share image Samsung Set To Seize 80% Of Foldable Phone Market

1 Samsung Set To Seize 80% Of Foldable Phone Market
Litheaudio 0222 728x90 1 Samsung Set To Seize 80% Of Foldable Phone Market
211112 4Square Banner Narrow TWE3B 2 Samsung Set To Seize 80% Of Foldable Phone Market
LB 728x90px Samsung Set To Seize 80% Of Foldable Phone Market
ARL0546 Arlo Go 2 Banner 728x90px 72dpi V2 Camping Samsung Set To Seize 80% Of Foldable Phone Market
Suunto 728X90 Samsung Set To Seize 80% Of Foldable Phone Market
728x90 Samsung Set To Seize 80% Of Foldable Phone Market
BEL2221 4Square Magsafe 728x90 Samsung Set To Seize 80% Of Foldable Phone Market
728x90 Tour Samsung Set To Seize 80% Of Foldable Phone Market
3 728x90 Samsung Set To Seize 80% Of Foldable Phone Market

YOU MAY ALSO LIKE