The market for foldable phones is slowly but surely maturing and that’s reflected in the sales volumes. In a new blog post by TM Roh – President of Samsung Mobile shared that the foldable smartphone industry saw almost 10 million shipments in 2021. The figure is up 300% from 2020 and Roh believes this trend will continue in the years to come as “foldable devices are becoming widespread and staking a bigger claim in the overall smartphone market”. IDC previously published a report where it estimates a total of 7.1 million foldable shipments for 2021.
Roh goes on to share that 70% of…
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