Analysis: Global Foldable Display Smartphone Shipments by Region and Type Q1’2023
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Foldables remain a niche segment, and while Samsung holds a narrow lead, competition is already threatening its dominance. Huawei and OPPO are rapidly closing in on Samsung, while other new entrants are making the foldables market more competitive. TechInsights reports that global foldable display smartphone shipments declined by double digits annually in Q1 2023. After a good fourth quarter Samsung had a tough first quarter whereas competition brought new highly competitive devices to the market.