Overview:
The 2Q global foldable market performance shows still positive growth, however, the result is lower than our expectation. This phenomenom will impact on the our 2023 foldable market forecast. We a bit lower the global foldable market forecast for 2023 by approximately 11% from the original 18.8 m units to 16.7 m units. The competition among OEMs is expected to intensify in the global foldable market in the second half of 2023. Chinese OEMs' entry into global markets other than China, which began in early 2023, is expected to become more active in the second half of the year.
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Jene Park
Jene (Jin Suk) is a Senior Research Analyst at Counterpoint Research based on Seoul korea, Since he started his career in Samsung, he experienced various industry and jobs including Strategy Consultant in international Consulting firms. To pursue his major interest in smart devices and connectivity, he joined Counterpoint Research team. In academic side, Jene holds a Bachelor of Economics degree in Yonsei Univ in Korea.
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