About 50 million folding phones will be sold by 2024

by Kelvin

Given that this year some companies have announced smartphones with folding screens, for now, that sounds like a pretty reasonable estimate.

The IHS Markit comes face to face with another market analysis, and this time it is folding phones. Research cites that smartphones with folding screens will reach 50 million sales by 2024.

  

Given that this year some companies have announced smartphones with folding screens, for now, that sounds like a pretty reasonable estimate.

About 50 million folding phones will be shipped by 2024

The technology has not yet matured and we are yet to see a broader adoption of OLED displays. But OLED market share continues to grow and is reaching the low end and mid range segment. Despite the decline in shipments of smartphones, the number of devices with OLEDs has not decreased. In fact, a 30% increase in OLED screen phones is expected next quarter.

The push of technologies below the display panel, such as the on-screen fingerprint readers and underside front cameras, has required the production of more OLED panels. After all, all these tricks are based on OLED panels, which include flexible screen technology, so it makes sense.

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Founder of Androidgeek.pt, I work in IT for ten years.
Passionate about technology, Android, Advertising, Digital Marketing and Strategic Positioning, and of course Android <3

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