According to a recent report by Display Supply Chain Consultants (DSCC), Samsung continues to dominate the foldable smartphone segment even after the market share fell to 74 percent in Q1 2022. Samsung Galaxy Z Flip 3 led the market for the third consecutive quarter with a 51 percent share. Meanwhile, the Samsung Galaxy Z Fold 3 retained the second position for the third consecutive quarter, while the Huawei P50 Pocket took the third spot. These three smartphones account for 91 percent of the market share. No other smartphone brand held more than 2.5 per cent.
according to a report good From DSCC, Samsung continues to dominate the foldable smartphone category, even after its market share has fallen to 74 percent in Q1 2022. Huawei’s shipment share rises to 20 percent; But no other brand has been able to cross the 2 percent market share.
The clamshell models, including the Samsung Galaxy Z Flip 3 and Huawei P50 Pocket, account for 70 percent of the market share. The Galaxy Z Flip 3 led the market for the third consecutive quarter with a 51 percent share, while the Samsung Galaxy Z Fold 3 took the second spot after nearly trailing the Huawei P50 Pocket. These three smartphone models have 91 percent market share in the category. No other smartphone brand has been able to cross 2.5 percent market share.
Foldable smartphone shipments grew 571 percent year-on-year to 2.22 million in the first quarter of 2022. The report said that this is the third best quarter ever for the category. However, the category saw itself shrink 47 percent quarter-on-quarter from a record high of 4.2 million smartphones shipped in Q4 2021.
Looking ahead, report author and co-founder of DSCC, Ross Young, said, “We expect a 107 percent growth in foldable smartphone shipments to over 16 million units, with a 102 percent growth in foldable smartphone panel shipments.” The increase exceeds 20 million.”
Talking about Samsung’s upcoming smartphones, Young said, “Spurring the growth is Samsung’s upcoming Z Flip 4 and Z Fold 4 launches as well as new ones from three other brands in 2H’22 (second half of 2022). There will be an ambitious plan to contribute from the model.”
He also said that one of the interesting developments for this year will be how the Samsung Galaxy Z Fold 4 will perform. DSCC believes that Samsung has recently raised its hopes for the smartphone. Young further added that Samsung is expecting faster growth for the Galaxy Z Fold 4 as compared to the Galaxy Z Flip 4, pointing to a lower launch price compared to last year’s $1,799 (roughly Rs. does.