Samsung Electronics’ Galaxy Z Flip 7 / Courtesy of Samsung Electronics
Samsung Electronics solidified its high place within the international foldable smartphone market within the third quarter, trade information confirmed Saturday.
Samsung accounted for 64 % of all international shipments of foldable smartphones within the July-September interval, up 8 share factors from a 12 months in the past, in keeping with a report from Counterpoint Analysis, a market tracker.
The corporate additional widened its hole with China’s Huawei Applied sciences Co., whose market share remained unchanged from a 12 months in the past at 15 % throughout the cited interval, the report mentioned.
Motorola Mobility LLC. ranked third with a 7 % market share, adopted by China’s Honor Gadget Co. at 4 %, Vivo Cell Communications Co. at 4 % and Xiaomi Corp. at 2 %.
“International shipments of foldable smartphones went up 14 % on-year and climbed to a file quarterly excessive, led by the recognition of Samsung’s Galaxy Z Fold 7 collection,” the report mentioned.
Foldable smartphones accounted for two.5 % of all smartphone shipments made within the third quarter this 12 months, in keeping with the report.
In the meantime, the market tracker anticipated the worldwide foldable smartphone market to develop quickly subsequent 12 months attributable to technical developments and elevated demand for premium units amid a possible launch of foldable smartphones from Apple Inc.
Reviews have mentioned that Apple is engaged on a foldable cellphone, with its launch to return as early as 2026.
