Samsung Retains First Place in Worldwide Folding Smartphone Shipments, Huawei, Motorola, Xiaomi

The market of foldable smartphones has grown quickly in the previous few years. South Korean smartphone maker Samsung has a serious stake on this phase. Nonetheless, shipments of foldable smartphones declined by about one p.c within the third quarter of the present yr. That is the primary decline after six consecutive quarters of progress.

After Samsung on this phase, there are Honor, Huawei, Motorola and Xiaomi. Based on the report of market analysis agency Counterpoint, the foremost purpose for the decline in shipments of foldable smartphones within the third quarter might be the weak gross sales of Samsung’s Galaxy Z Fold 6 and Galaxy Z Flip 6. Nonetheless, regardless of this the corporate has 56 p.c share on this market. Counterpoint’s worldwide foldable smartphone market tracker reveals that Samsung’s gross sales have declined in China’s smartphone market. The principle purpose behind that is the growing gross sales of latest foldable smartphones from Honor, Xiaomi and Huawei. Other than this, Samsung is dealing with powerful competitors from Motorola’s new Razr foldable smartphones in North America.

Huawei is the second largest firm within the worldwide market of foldable smartphones. It has a market share of about 15 p.c. In the identical interval final yr, this share was about 13 p.c. In the previous few months, Huawei has launched triple-fold smartphones Mate XT Final Design and Nova Flip.

Samsung’s new sequence of foldable smartphones could also be launched subsequent yr. This will embrace Galaxy Z Flip 7 and Galaxy Z Fold 7. The corporate can use Exynos chipset for the primary time in its foldable smartphones. Just lately, tipster Jukanlosreve had stated in a put up on social media platform X that the upcoming Exynos 2500 chipset can be utilized in Samsung’s new foldable smartphones. Snapdragon chipsets had been offered within the firm’s earlier sequence of foldable smartphones. Qualcomm’s Snapdragon 8 Gen 3 was used because the processor within the Galaxy Z Flip 6 and Galaxy Z Fold 6 launched this yr. Samsung’s Galaxy Z Flip FE may also be launched quickly. To maintain this foldable smartphone reasonably priced, its options could also be diminished barely in comparison with the corporate’s Galaxy Z Flip sequence.

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Additionally learn:
Smartphones, Processor, Sensor, Battery, Market, Samsung, Design, Specs, Motorola, Show, Honor, South Korea, Xiaomi, Video, Costs

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