Samsung is preparing the groundwork for the launch of its next foldable devices once again, and ahead of its next Unpacked event on August 10, mobile president TM Roh has published another post stating that the time for foldables is now — and that more and more people are getting foldable phones.
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“Three years ago, the foldable Galaxy could be summed up in a single word: radical,” Roh wrote. “Very quickly, however, it became clear that this innovative, flexible design fits perfectly into the modern lifestyle. As a result, what was a novelty three years ago is now the preferred choice for millions of users.”
In the post, Roh says the industry shipped nearly 10 million foldable smartphones globally in 2021, a figure that increased by 300 percent from 2020.
Ross Young, CEO of DSCC, shared data that suggests Samsung has the upper hand in the foldable market . Samsung led the way in 2021 with 87.8 percent of phones shipped , according to DSCC, while Huawei came in second with 9.3 percent. The bottom three on DSCC’s list only had a small share of shipments: Xiaomi had 2.4 percent, Royole had 0.3 percent, while Oppo had 0.2 percent. Note that foldable phone shipments are expected to reach 27.6 million in 2025, and Samsung obviously wants to have the largest share .

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The company plans to unveil its next generation of foldables next month: the Galaxy Z Fold and Z Flip, even if they aren't expected to look much different from last year's.
Source of information: theverge.com
