DIGITIMES: global shipments of folding screen phones double in 2022 and will increase by 50% in 2023

CTOnews.com March 8, according to Taiwan's Economic Daily, DIGITIMES analysts said that the folding screen mobile phone market is dominated by Samsung Electronics, and global shipments are expected to double in 2022 and increase by 50% in 2023. Samsung will still rank first in shipments.

However, as a number of manufacturers in Chinese mainland region launch new folding screen phones one after another, Sanxing's market share will decline.

At present, the folding screen mobile phone is mainly folded horizontally. In addition to Samsung, manufacturers such as vivo, Xiaomi and Glory launched horizontal folding screen phones in the second half of 2022. Vertical folding screen phones are characterized by portability, with only Samsung, Motorola and Huawei launching new models in 2022.

Taiwan media pointed out that Samsung first launched horizontal folding screen phones in 2019 and vertical folding screen phones in 2020, and the overall folding screen mobile phone market continues to grow. Manufacturers from Chinese mainland region have also joined the market. Moto Razr 2022, vivo X Fold+ and Glory Magic Vs, which were launched in 2022, have outstanding performance in panel refresh rate, rear lens and battery capacity, respectively. It is expected that after Apple's first folding screen phone is launched in the future, the market growth will compete more fiercely with manufacturers.