Manufacturers ranging from Huawei to LG, Motorola, Xiaomi and others have announced foldable smartphones. Lots of folks, including Apple co-founder Steve “Woz” Wozniak think Apple should release on ASAP.
According to the latest research from Strategy Analytics, global foldable smartphone shipments will grow from under one million units in 2019 to 100 million by 2025. Samsung, Huawei and others lead the way. High pricing, low display-yields and questionable durability are holding back the foldables market today, but those problems will be solved in the long-term, opines the research group.
Foldables will be the fastest-growing segment of the premium smartphone market for the next decade, says Ville-Petteri Ukonaho, associate director at Strategy Analytics. Neil Mawston, executive director at the research group, adds: “Foldables pack a big screen into a small design. Consumers can surf rich content, like video, on a large display, and then fold the device away neatly into a pocket or bag.
I may be dubious, but Ken Hyers, director at Strategy Analytics, says “by 2025, every major player should have a foldables portfolio, including Apple.”
