Trending

Stories

Samsung to Ship 7 mn Foldable Smartphones This Year: Analysts

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

Samsung Electronics foldable smartphone shipments are expected to be around 7 million units this year, about three times more compared to a year earlier, analysts said on Thursday, as its new models come with cheaper price tags even with upgraded features.

Samsung unveiled the Galaxy Z Fold3 and the Galaxy Z Flip3 at the Unpacked online event on Wednesday, highlighting upgraded displays, durability, and functionality. They are scheduled to be launched globally on August 27.

Also Read

The Z Fold3 is Samsung’s first foldable smartphone to support the S Pen stylus while housing an under-display camera on the main screen for the first time. The Z Flip3 comes with a larger cover screen than its predecessor along with a slimmer design.

With the latest models, local analysts predicted that Samsung’s foldable smartphone shipments would be 6-7 million units this year, more than triple from a year earlier, with the clamshell-type Z Flip representing about 60 percent of its sales, reports Yonhap news agency.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

“Sales of two new foldable smartphones appear to be better than expected,” Lee Kyu-ha, an NH Investment & Securities analyst, said. “Despite upgraded performance and functionality, their prices are maximum 400,000 won cheaper than predecessors and that will expand consumers’ accessibility to the products.”

Analysts said Samsung’s dominance in the foldable market would continue, with some expecting 12 million Galaxy Z series shipments in 2022.

Industry tracker Counterpoint Research recently estimated Samsung to account for 88 percent of the global foldable smartphone market this year and its market share to stay around 75 percent till 2023.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App Tesla To Increase Giga Shanghai EV Production to 20,000 Weekly 
OpenAI Releases Tool To Detect AI-generated Text Tesla Records Double Net Profit in 2022 India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors