Foldable Smartphones to Reach New High in Q3’23

Published August 21, 2023

Foldable phone shipments rose 16% Q/Q and 42% Y/Y in Q2’23 to 2.2M units. Samsung held a narrow 32% to 30% advantage over Huawei. Huawei had the #1 and #3 best-selling models, the Mate X3 and Pocket S, while Samsung had the #2 and #4 fastest selling models, the Galaxy Z Flip 4 and Fold 4. Vivo had the #5 model with the X Flip. Clamshells led the way with a 53% unit share. Samsung Display accounted for a 63% share of all foldable smartphone panels shipped, down from 68% and its lowest share since Q1’21. BOE’s share fell from a record 32% in Q1’23 to 25% in Q2’23.

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Written by

Ross Young