Folding screens increase in demand worldwide

before they existed smartphones With screens as large as today, there were already foldable phones. Its popularity lay in being small enough to fit in the palm of your hand, even if it could only make calls and send text messages, as was the evolution of the iconic Moto Razr V3, which came out in 2004.

But a problem with these devices was their very small screens, since they had to be placed on one cover or another. At present, think about displays less than 4″ is unheard of. It was then that the need to combine these two worlds arose and the development of folding screens began in the main brands.

The first models of folding were introduced about 3 or 4 years ago, but were initially considered a “novelty” by some. But far from being that, at present it has been shown that the path of the folding ones looks fruitful.

Samsung Electronics, for example, shared a report a few days ago detailing that its latest line of foldable devices, the Galaxy Z Flip4 and Fold4, are generating significant pre-orders in the markets where they will soon be available. In Ecuador, fourth-generation foldable devices have already outnumbered their predecessors.

“We are thrilled to see the Galaxy Z Flip4 and Z Fold4 resonate with so many consumers looking for new gaming experiences. smartphones that improve their daily life”, said Eduardo Amador, director of Samsung Mobile Sales in Ecuador.

“Each year, our latest foldables outsell the previous generation, and fourth-generation pre-order results herald overall demand for the foreseeable future. As the leader in this category, we can’t wait for our customers to get their devices later this month and experience the latest innovations and enhancements to the Z series,” Amador said.

According to a study by Mordor Intelligence firm, the foldable smartphone market is expected to register a growth of more than 21.3% during the forecast period (2021 – 2026). China is the global manufacturing center for most devices and components. With similar trends on the demand side, the smartphone manufacturing sector has been hit by delayed shipments and weakened development of next-generation products due to the COVID-19 pandemic. In addition, the country has witnessed the cut off of suppliers, workers and logistics networks.

Foldable smartphones have been placed at the forefront of smartphone technology, coming to market in 2019. The products combine the attributes of a large-screen tablet with the portability of a smartphone and are expected to appeal to a large base. of customers during the forecast period. Market players such as Samsung and Huawei have set the trend for this foldable technology by launching newer products on the market.

Furthermore, due to the rapid increase in demand for advanced consumer electronics coupled with high adoption in the entertainment and gaming sector, the foldable smartphone market is anticipated to experience a significant growth rate during the forecast period. . The growing demand for phablet it has also played a crucial role in the demand for folding screens in all nations, especially in Asia.

There is intense competition among the major smartphone vendors to lead the race for foldable smartphone devices in emerging economies.

Some start-ups are working hard to overcome the shortcomings of their device prototypes, which will help them use the technology and launch these potentially innovative products early. The foldable smartphone market is expected to witness lucrative growth. (YO)