SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Notifications
    News for you

    Samsung to compete with at least nine other foldable phone brands in 2023

    Phone
    By 

    Last updated: March 6th, 2023 at 18:02 UTC+01:00

    The foldable phone market has come a long way since 2019, and market watchers expect foldable panel and phone shipments to increase in 2023 compared to a year ago. Foldable devices continue to increase in popularity, and we've already seen a few other brands at MWC 2023 preparing to release new foldable phones globally.

    Seven different brands, including Samsung, have released 19 different foldable smartphones in 2022, notes Display Supply Chain. However, DSCC expects 10 different brands to release at least 37 foldable device models in 2023.

    At least 16 of these foldable phones will have a clamshell phone factor, while roughly 20 of them will have a book-type design. So, despite the popularity of the Galaxy Z Flip series and the fact that it is the dominant foldable smartphone series, OEMs aim to capture more market share in the book-like foldable market, where Samsung's Galaxy Z Fold series is leading.

    Foldable phone shipments to reach almost 20 million in 2023

    @DSCCRoss estimates that roughly 19 million foldable phones will be shipped by all OEMS combined this year. Foldable panel shipments will exceed 22 million, and roughly 20 million foldable phones will be produced in 2023.

    According to a previous report, Samsung shipped nearly 12 million foldable phones in 2022, outperforming all other OEMs combined. The company aims to increase shipments to around 15 million this year.

    Samsung Display demonstrated a variety of foldable device form factors at MWC 2023, but most of them will remain prototypes. However, Samsung's mobile division is expected to release the Galaxy Z Fold 5 and Galaxy Z Flip 5 in Q3 2023.

    The Z Fold 5 is said to feature a new waterdrop hinge that will allow the phone to fold perfectly flat and have less of a noticeable crease across the foldable display. Samsung started the final testing for the waterdrop hinge for durability and reliability.

    The Galaxy Z Flip 5 is rumored to feature a much larger cover display that may occupy the entire surface of the phone's upper half.

    Phone Galaxy Z Flip 5Galaxy Z Fold 5Samsung Electronics

    You might also like

    One UI 6.1 update: Will your Galaxy phone get it?

    One UI 6.1 update: Will your Galaxy phone get it?

    The Galaxy S24 series was officially announced in mid-January with One UI 6.1 onboard, and Samsung will be spending the first half of 2024 working on and bringing One UI 6.1 to older Galaxy devices. A lot of Galaxy phones were eligible for Android 14 and One UI 6.0 and pretty much all of them […]

    • By Abhijeet Mishra
    • 8 hours ago
    Galaxy Z Fold 5 rival from Vivo launching in India next month

    Galaxy Z Fold 5 rival from Vivo launching in India next month

    Samsung has fallen behind in the foldable smartphone race as its Chinese rivals are introducing better and newer technologies. The Galaxy Z Fold 5 is hardly considered an upgrade over its predecessor, and its job will soon become even tougher. Samsung's rival, Vivo, plans to launch its flagship foldable phone, the X Fold 3 Pro, […]

    • By Asif Iqbal Shaik
    • 12 hours ago
    Apple Vision Pro 2 could use more Samsung tech and be cheaper

    Apple Vision Pro 2 could use more Samsung tech and be cheaper

    Apple's first Vision Pro mixed reality headset may have failed to change the world due to its high price and relatively undercooked feature set. Even so, the Vision Pro seemingly marks the beginning of a new device category for Apple. In other words, it might not be a one-off device but the start of a […]

    • By Mihai Matei
    • 15 hours ago
    Samsung will massively increase its annual investment in Vietnam

    Samsung will massively increase its annual investment in Vietnam

    Samsung Electronics is boosting its investment in Vietnam, its largest smartphone manufacturing hub. Samsung's Chief Financial Officer Park Hark-kyu and Vietnamese Prime Minister Pham Minh Chinh met last week to shake hands on these latest financial agreements. According to state-owned Vietnamese media cited by Korea JoongAng Daily, Samsung Electronics intends to increase its annual investment […]

    • By Mihai Matei
    • 17 hours ago
    PUBG getting 120 fps support on Galaxy S24, S23, and Z Fold 5!

    PUBG getting 120 fps support on Galaxy S24, S23, and Z Fold 5!

    Smartphone GPUs have become insanely powerful over the last few years, but there's no denying the fact that a lot of that power goes to waste when it comes to mobile games. Game developers also don't take advantage of features such as high refresh rate displays. 120Hz displays are quite common on smartphones these days, but […]

    • By Abhijeet Mishra
    • 1 day ago
    Apple’s logo is now a heatsink

    Apple’s logo is now a heatsink

    Apple's latest iPad Pros announced earlier this week must look quite interesting even for Samsung. The new models are the industry's first to use Tandem OLED displays supplied by the Korean tech giant (and LGD) and boast a few other innovations that garnered attention in the media. A few examples are that the new iPad […]

    • By Mihai Matei
    • 3 days ago