Phones

Samsung remains largest global foldable smartphone market brand in 2021

Samsung is the manufacturer that has an outstanding command in the foldable smartphone segment. Other than Samsung there are many brands that too offers foldable, but leaving them behind Samsung has again ruled the global market.

According to Ross, Young’s Twitter handles the global foldable phone market has reached new heights in Q3 2021. In the 3rd month, the foldable phone market recorded around 2.6 million shipments. Samsung grabbed 88% market share of the foldable smartphone shipment in 2021, which is 2% higher from 2020.

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Report also claims that Samsung had four foldable phones in the top five list. Among them, Galaxy Z Fold 3 and Z Flip 3 led foldable phones sales in Q3, 2021. Both models have seen phenomenal growth, although there was a strong marketplace for the Galaxy Z Flip 3, a Display Supply Chain report reveals.

Furthermore, the report doesn’t reveal the name of other smartphones that grabbed the top spots. The Chinese brands, such as OPPO and Huawei also known for foldable phones, however, these devices are limited to China.

It is also been calculated that foldable phone shipments will be close to 4 million in Q4. And by the end of the year, Samsung may increase its market share to even more than 95% which is very high as compared to other companies.

Via – SammyFans


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