News on March 13, according to forecast data released by Display Supply Chain Consultant (DSCC), a display supply chain research company, in the first quarter of this year, Huawei’s folding screen mobile phone market share will surpass Samsung Electronics for the first time.
According to DSCC predictions, Huawei’s foldable screen mobile phone market will grow by 105% year-on-year in the first quarter, and its market share will reach 40%, while Samsung Electronics’ share will be less than 20%.
DSCC said that in the first half of this year, Huawei’s Mate X5 and Pocket 2 folding screen mobile phone market performed strongly, while Samsung Electronics will struggle due to no new foldable products. .
Moreover, in order to expand its market share, Huawei purchased more screen panels in the second half of last year. Therefore, in the fourth quarter of last year, BOE’s mobile phone panel supply exceeded Samsung Display, DSCC said.
However, DSCC finally stated that the market share of Huawei and Honor will further increase this year, but through the launch of new products in the second half of the year, Samsung Electronics is expected to occupy the top position again.
TrendForce’s report shows that Huawei will occupy 11.9% of the global folding screen market share in 2023. The agency also predicts that Huawei may occupy close to 20% of the folding screen mobile phone market in 2024. .
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