Samsung’s Foldable Phones Face Intense Competition, Sparks Frenzy As Foldable Market Is Set To Rise Up To 5% By 2028

Claudio Ctin4 months ago1 mins

Samsung has changed the market dynamics of foldables since it entered the segment with its Galaxy Fold. It has been the leader in the foldable industry with the majority of market occupancy. 2022 was the company’s year as it secured the most shares, about 80 percent. Recently, the demand for foldables has seen an uproar, and it is expected that the number of phones shipped will go up to 17.7 million by 2024. With the growing competition, Samsung has to strive hard to secure its market position, as Huawei poses some serious threats attributed to its rapid growth in recent […]

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