DSCC:2023 annual folding phone shipments will increase by 30% to reach 17 million units.

CTOnews.com January 1 news, DSCC latest report shows that Samsung foldable smartphone shipments in the third quarter of 2022 within expectations, in the third quarter of 2022 foldable smartphone market reached 85% share and 5.2 million sales.

Samsung's foldable smartphone shipments are expected to fall 50% month-on-month and 36% year-on-year to 2.6 million units in the fourth quarter of 2022, and are expected to decline month-on-month in the first and second quarters of 2023, the report said.

CTOnews.com understands that DSCC said Samsung's share is expected to decline to only 82% in the fourth quarter of 2022, but this is its first year-over-year decline. Samsung's share is expected to decline further in the first and second quarters of 2023, with traditional seasonal weakness and competitors launching new devices, so Samsung's share will fall below 50% in the second quarter of 2023.

By region, the North American market region was the main problem Samsung experienced in the fourth quarter of 2022, which happened exactly after the launch of the iPhone 14 Pro series. The United States accounted for 29% of Samsung's foldable smartphone production in 2021, but it plummeted to just 7% in the fourth quarter of 2022.

In addition, DSCC said that although the foldable market stagnated in the fourth quarter of 2022, it remained a bright spot in the smartphone and display market. In addition, new entrants, such as Google, as well as existing mobile phone brands, bring more diversified products to the market, such as Oppo Find N2 and Find N2 Flip, which will increase market competition, provide consumers with more choices, and lower prices. DSCC believes that folding mobile phone shipments will grow by 33% in 2023, reaching 17 million units.