“Q4 Foldable Phone Shipments See First Year-Over-Year Decline”


Despite a weak fourth quarter, global shipments of foldable phones rose 62% in 2022. Samsung remained on top of this space with a market share of 83%. Samsung Display remains the top foldable display supplier with a vise-like grip on the market. Shipments of foldable phones worldwide was weak during the fourth quarter, but overall foldable panel shipments rose 53% in 2022 to 15.2 million units. Further growth is forecast this year with DSCC calling for such deliveries to exceed 20 million units in 2023.