2023 Foldable Screen Sales: Samsung & Huawei Lead

Mobile China News

With larger screens and a more refined user experience, foldable screens have become a new choice for many high-end users. Recently, TrendForce released a report on foldable screens, revealing that the global shipment of foldable screen smartphones in 2023 is expected to reach 15.9 million units, a 25% year-on-year increase. The market share of foldable screen phones in the total smartphone shipments is projected to rise to 1.4%.

Foldable Screen Sales 2023

Looking at the specifics, Samsung still maintains its leading position in the global market with a 66% market share, but this figure has dropped by over 17 percentage points compared to 2022. Analysts predict that by 2024, Samsung’s market share in the foldable screen market will decrease to 60%.

Samsung Foldable Screen Phone

Thanks to the strong demand for foldable screen phones in the Chinese market, Huawei ranks second with a slightly below 12% market share. However, TrendForce estimates that by 2024, Huawei’s market share for foldable screen phones will exceed 20%. Additionally, Xiaomi has emerged as the third-largest in foldable screen shipments, with a market share of 5.4%.

According to TrendForce’s projections, foldable screen phone shipments are expected to reach 17.7 million units in 2024, an 11% year-on-year increase.

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