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Foldable screen sales reach record levels: the numbers

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Little by little, folding smartphones are becoming more popular. And this second half, purchases of screens for this type of device could even reach record volumes, according to a new publication from DSCC. In this publication, the company mentions a 46% increase in its purchases in the first quarter, compared to the same period in 2023. In total, 3.94 million folding panels were purchased, according to the study . This increase is attributed to Huawei, whose sales of folding smartphones have exploded.

“Huawei dominated foldable smartphone panel purchasing in Q1 2024 with a 55% share, the highest ever, with the Huawei Mate X5 and Pocket 2 accounting for over 50%. of all foldable panels purchased in Q1 2024. Q1 2024 was the second consecutive quarter where Huawei led in foldable smartphone panel purchases, after holding a slight advantage over Samsung in Q4 2023”, indicates DSCC.

And for the second quarter, panel purchases should reach a record volume. Indeed, according to DSCC projections, panel purchases in the second quarter could reach 9.25 million units, a record. This high volume would be allocated to Samsung's mobile division, which sources foldable screens from Samsung Display, for the future Galaxy Z Fold6 and Galaxy Z Flip6.

Samsung still number 1 in 2024 ?

As a reminder, in the first quarter of 2024, Huawei shipped more folding smartphones than Samsung, which was relegated to second place. However, Samsung is expected to regain its position as world number 1 in this segment of the smartphone market, thanks to the launch of the Galaxy Z Fold6 and Galaxy Z Flip6. And today, this is corroborated by DSCC projections.

Indeed, according to this company, for the whole of 2024, Samsung should have a 48% share of foldable screen purchases, compared to 28% for Huawei. Otherwise, the study also suggests that consumers who want to buy a folding smartphone will have more choices in 2024. This year, brands would purchase foldable screens for 38 different models, up from 35 models in 2023.

  • Purchases of foldable screens for smartphones were up sharply in the first quarter of 2024, according to DSCC
  • < li>The company also predicts record volumes for the second quarter

  • Samsung is currently in difficulty, but it could once again become number 1 in the folding smartphone market thanks to the Galaxy Z Fold6 and Galaxy Z Flip6

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Teilor Stone

By Teilor Stone

Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining Thesaxon , Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teilor@nizhtimes.com 1-800-268-7116