Foldable Smartphone Shipments to Hit 36 Million Units by 2028
Dow Jones08-20
0848 GMT - The global foldable smartphone market is rebounding, with shipments expected to reach 36 million units by 2028, more than double 2025's volume, according to research firm Omdia. Growth exceeding 20% annually is being driven by a new "wide-format" book-type design offering a portable, tablet-like experience. Following a 1H drop of 21.6%, caused largely by a slump in flip-type devices, wide-format models from Huawei and Samsung are revitalizing the segment, with more Android brands set to follow in 2027, Omdia says. However, high component costs will keep foldables a premium niche. Omdia expects shipments of foldable smartphones to hit 45 million units by 2030, capturing less than 3% of the total smartphone market.
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