News > Global shipment of foldable phones in 2023 to cross 22 million units, more brands to launch devices

Global shipment of foldable phones in 2023 to cross 22 million units, more brands to launch devices

Samsung has been ever-present in this segment but next year more brands could enter the fray increasing competition. Global foldable smartphone shipments are expected to grow 52 per cent (YoY) in FY2023 to reach 22.7 million units from the predicted 14.9 million in FY22, a report showed. Key drivers will be Samsung and Chinese OEMs looking to make their mark, particularly in Europe and China, according to Research.