Foldable Smartphone Sales Decline For The First Time In Fourth Quarter Of 2022: Report

Edited By: Bharat Upadhyay

Last Updated: March 02, 2023, 08:49 IST

DSCC hinted at a continued soft trend in foldable shipments during the current quarter.

DSCC hinted at a continued delicate pattern in foldable shipments throughout the present quarter.

The report additionally famous that Apple’s lately launched iPhone 14 sequence overshadowed Samsung’s foldable telephones within the fourth quarter of 2022.

Bad news for foldable smartphones! A brand new report from DSCC (Display Supply Chain Consultants) reveals a decline in gross sales throughout the fourth quarter of 2022. As to the report, foldable smartphone shipments fell by 48 per cent in comparison with the earlier quarter and 26 per cent in comparison with the identical interval in 2021, with a complete of three.1 million items shipped from October to December 2022.

Although This fall 2022 noticed a decline in shipments, the general 2022 foldable telephone shipments rose by a powerful 62 per cent, reaching 12.9 million items, the DSCC report mentioned. Samsung, as at all times continued to dominate the foldable telephone market in 2022, with an 83 per cent market share. This quantity is down when in comparison with Q3’s 86 per cent and This fall 2021’s 96 per cent, Aas per Sammobile.

The report additionally famous that Apple’s lately launched iPhone 14 sequence overshadowed Samsung’s foldable telephones within the fourth quarter of 2022. Huawei and Oppo adopted Samsung within the international foldable telephone market, whereas the Galaxy Z Flip was the top-selling foldable telephone worldwide, with a 47% market share.

DSCC hinted at a continued delicate pattern in foldable shipments throughout the present quarter, with a 3 per cent decline in year-over-year deliveries of foldable handsets worldwide. However, this pattern is predicted to reverse within the second quarter of 2023, with the discharge of recent foldable telephones from Samsung and Vivo.

Additionally, Oppo and Vivo are set to launch clamshell fashions in additional markets at extra reasonably priced costs later this 12 months. The report anticipates complete foldable shipments to surpass 17 million items worldwide in 2023.

Samsung Display stays the main show provider within the foldable telephone market, chargeable for 81 per cent of foldable shows used within the fourth quarter of 2022, adopted by Chinese provider BOE at 17 per cent. Despite this, DSCC predicts Samsung will preserve or develop its share of foldable show shipments in 2023, with a forecasted progress of over 20 million items within the upcoming 12 months, the GizmoChina reported.

Read all of the Latest Tech News right here

Source web site: www.news18.com

Rating
( No ratings yet )
Loading...