Overview:
The global foldable shipments are forecasted to continue the uprising trends to reach 16 m units in 2023, showing 26.8% YoY.
This growth trend is expected to grow further in 2024 for the following reasons:
- The expected recovery of the global smartphone market in 2024.
- Continued growth of the Chinese foldable market.
- Accelerated competition among foldable products in the global foldable market.
- New launches of entry-level foldable products.
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Author
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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