February 28, 2022
DSCC’s Quarterly Foldable/Rollable Display Shipment and Technology Report revealed that Q4’21 foldable smartphone shipments rose 65% Q/Q and 520% Y/Y to a record high 4.25M units. o Samsung led with a 96% share on shipments of 4.1M. Samsung has benefited from a strong focus on this category as it looks to grow its flagship share as well as a large technology and capacity lead in foldable displays from its panel business - Samsung Display (SDC). This has resulted not only in a large lead in displays, but ultra thin glass (UTG) as well. According to DSCC Co-Founder and CEO, Ross Young, “Samsung is fortunate that its largest likely competitor, Apple, is not in this market segment and its second largest potential competitor, Huawei, is facing numerous restrictions, which have prevented it from getting panels from Korea or 5G chips. Most of its other potential competitors (Google, Oppo, Vivo and Xiaomi) are all relying exclusively on Samsung Display in 2022 for panels and UTG, giving Samsung significant influence over the foldable display supply chain. Most of the Chinese brands’ foldable programs have been relatively small in volume and short-lived. Thus, we should expect Samsung to continue to dominate this market although they will inevitably lose some ground as more brands enter.”Read More