Samsung orchestrated a record quarter for foldable smartphones

Briefly: Shipments of foldable smartphones within the third quarter of 2021 have been bigger than the earlier 4 quarters mixed, rising 215 % quarter over quarter to 2.6 million items. In comparison with the identical interval a 12 months in the past, shipments jumped 480 %.

Samsung was chargeable for 93 % of all foldable shipments in Q3, thanks largely to the launch of the Galaxy Z Fold3 and Galaxy Z Flip3 smartphones over the summer season. As Show Provide Chain Consultants (DSCC) notes, these gadgets debuted at decrease costs and have been accompanied by robust promotional efforts and engaging trade-in presents.

Huawei, the one different main producer talked about by title, accounted for six % of foldable shipments in Q3.

DSCC has elevated its foldable smartphone cargo forecast for the complete 12 months to 7.5 million items. The outlook might need been even greater, had it not been for delays with different manufacturers because of the ongoing semiconductor scarcity.

Wanting forward, DSCC expects to see 17.5 million foldables shipped throughout all of 2022.

Associated studying: Google reportedly places Pixel Fold on ice, and which may be factor

Whereas impress in comparison with earlier foldable efforts, the numbers pale compared to conventional smartphone shipments. Based on Statista, Apple shipped greater than 50 million iPhones within the third quarter alone and will come near doubling that determine this quarter, stock keen. Till costs come down additional, sturdiness improves considerably and extra gamers take the sphere, it’s unlikely that foldables will problem conventional slabs anytime quickly.

Picture credit score Zana Latif

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