The global market for smartphones can receive about 19 new folding phones by 2020 and this will be the fault of Apple. According to a report released by South Korean media, the Cupertino company was directly responsible for the "oversupply" of OLED displays.
That's why Samsung, Huawei, Xiaomi, Oppo, Vivo, Lenovo, TCL and even Google are interested in buying this surplus of displays to produce their own smartphones folding. According to DSCC analysts, this list of manufacturers tends to increase by the end of the year.
All because Apple ordered a lot of flexible OLED displays for their iPhones, but handset sales dropped. As a result, Cupertino's company had to pay Samsung a fine for not buying all of its promised capacity.
To get an idea of the size of the problem, offering flexible OLED displays is 52% above demand. This is forcing Samsung to lower its retail prices, something that should make it easier for even manufacturers who had no intention of investing in the technology.
Industry sources point out that this "overproduction" should continue until 2021, as new companies – BOE, LG, Visionx and China Star – should expand their production capacity. So chances are 2020 will be considered the year of smartphones folding.
It is worth remembering that the expectation is that this year Galaxy Fold Huawei Mate X and even the Motorola RAZR 2019. Already 2020 should mark the Google's entry into this marketas the industry looks forward to a solution from Apple.