Samsung had a transparent dominance in the foldable smartphone market in 2020. The corporate held a market share of over 90 p.c throughout this 12 months. Though, huge adjustments are anticipated to reach in 2021 because the foldable handset market is anticipated to develop additional subsequent 12 months.

In response to a DSCC report, the foldable show panel shipments have risen by 454 p.c over 2019 to three.1 million models in 2020. That is additional anticipated to rise by one other 394 p.c in the next 12 months with estimated shipments being valued at 462 million US {Dollars}. Notably, these figures are literally decrease than preliminary projections as a result of US sanctions in opposition to Huawei, which is stopping the corporate from launching the Mate X2 that was anticipated to reach in This fall of 2020.

As a result of lack of any main competitor, the South Korean tech big dominated the market with new launches this 12 months. In 2020, the corporate launched the Galaxy Z Flip and the Galaxy Z Fold 2, which had been two of the very best promoting foldable handsets in the 12 months, each in phrases of models shipped and income. On the idea of panel procurement, the Galaxy Z Fold 2 led the market with a 65 p.c market share adopted by the Galaxy Z Flip 5G with a 27 p.c market share.

Moreover, the report additionally states that the corporate is focusing extra on its foldable Z collection over its flagship Observe collection. Within the coming 12 months, Samsung is anticipated to launch at least three foldable handsets, which can possible embody Z collection telephones and their respective 2nd era iterations. This era would possible even have Samsung Show aggressively push its show know-how to assist different manufacturers to enter the market as effectively with its UTG (Extremely Skinny Glass) cowl options.

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