The market for foldable phones is slowly but surely maturing and that’s reflected in the sales volumes. In a new blog post by TM Roh – President of Samsung Mobile shared that the foldable smartphone industry saw almost 10 million shipments in 2021. The figure is up 300% from 2020 and Roh believes this trend will continue in the years to come as “foldable devices are becoming widespread and staking a bigger claim in the overall smartphone market”. IDC previously published a report where it estimates a total of 7.1 million foldable shipments for 2021.
Roh goes on to share that 70% of Galaxy foldable users last year opted for a Z Flip3 which is by far the most popular folding phone from the maker. Z Fold3 on the other hand is the preferred device of choice for users that rely on multitasking and need the big screen experience.
Looking ahead Roh shares that Samsung made “advancements in every detail” in its upcoming foldables which are set to debut on August 10 at the next Galaxy Unpacked event.