According to a recent report by Strategy Analytics, global foldable smartphone shipments will reach 100 million units by 2025. This will in fact be the fastest growing segment under the premium smartphone market over the next decade.
Further, the report predicted that Samsung, Huawei and Apple will majorly lead this evolving market.
Meanwhile, the report also highlighted that steep pricing, low display-yield and uncertain durability will pose a challenge in the near-term challenges and will need to be addressed.
Earlier in 2019, Samsung, Motorola and Huawei had forayed in this premium segment.