[Press Release] Foldable Phone Shipments Gradually Rise, Market Penetration Expected to Reach Nearly 5% by 2028, Says TrendForce

[Press Release] Foldable Phone Shipments Gradually Rise, Market Penetration Expected to Reach Nearly 5% by 2028, Says TrendForce

TrendForce reports that shipments of foldable phones are expected to reach 17.8 million units in 2024, making up only 1.5% of the smartphone market. Despite high repair rates and costs, market penetration is projected to climb to 4.8% by 2028. Samsung, a trailblazer in the foldable phone market, commanded over 80% of the market share in …

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