Global Foldable Smartphone Shipments Declined In Q3 2024, Despite High Customer Satisfaction With Book-Type Form Factor; Report Mentions Two Reasons For This Slump

Global foldable smartphone market declined in Q3 2024

Foldable smartphones are a unique addition that occupy a higher pricier tier alongside their ‘candy bar’ shaped counterparts, but the big names struggled to get the ball rolling in the third quarter of 2024. Samsung faced the biggest loss during this period, dropping 21 percentage points in shipments compared to its dominant position a year ago, with other players occupying the new positions. Even then, the overall tally was lower than how the market performed in Q3 2023, with a new report mentioning two reasons why this decline happened. A new report states that the foldable smartphone market is facing […]

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