Samsung continues to dominate the foldable smartphone phase even after its market share fell to 74 p.c in Q1 2022, based on a current report from Display Supply Chain Consultants (DSCC). The Samsung Galaxy Z Flip 3 led the marketplace for the third consecutive quarter with a 51 p.c share. Meanwhile, the Samsung Galaxy Z Fold 3 retained the second place for the third consecutive quarter, whereas Huawei P50 Pocket took the third spot. These three smartphones accounted for 91 p.c of the market share. No different smartphone model had greater than a 2.5 p.c share.
According to a report from DSCC, Samsung has continued to dominate the foldable smartphone class even after its market share fell to 74 p.c in Q1 2022. Huawei’s cargo share rose to twenty p.c; however no different model was in a position to cross the two p.c market share.
Clamshell fashions, together with the Samsung Galaxy Z Flip 3 and Huawei P50 Pocket accounted for 70 p.c of market share. The Galaxy Z Flip 3 led the marketplace for the third consecutive quarter with a 51 p.c share, whereas the Samsung Galaxy Z Fold 3 took the second place after being practically overtaken by Huawei P50 Pocket. These three smartphone fashions accounted for a 91 p.c market share in the class. No different smartphone manufacturers had been unable to cross the two.5 p.c market share.
The foldable smartphone shipments grew by a whopping 571 p.c year-over-year in first quarter of 2022 to 2.22 million. The report says that that is the third finest quarter until date for the class. However, the class noticed itself shrinking by 47 p.c quarter-over-quarter from the document excessive of 4.2 million smartphones shipped in This autumn 2021.
Looking forward, Ross Young, writer of the report and co-founder, CEO of DSCC, mentioned, “We expect a 107 percent increase in foldable smartphone shipments to over 16 million units with 102 percent increase in foldable smartphone panel shipments to over 20 million.”
Talking about Samsung’s upcoming smartphones, Young added, “Driving the growth will be Samsung’s ambitious plans for its upcoming Z Flip 4 and Z Fold 4 launch as well as contributions from new models in 2H’22 (second half of 2022) from three other brands.”
He additionally mentioned that one of many attention-grabbing developments to be careful for this yr can be how the Samsung Galaxy Z Fold 4 will carry out. DSCC believes that Samsung has lately elevated its expectations for the smartphone. Young additional mentioned that Samsung is anticipating sooner development for the Galaxy Z Fold 4 in comparability to the Galaxy Z Flip 4 that seemingly signifies in the direction of a decrease launch worth than final yr’s $1,799 (roughly Rs. 1,40,000).