TrendForce: 15.9 million foldables shipped in 2023, Samsung was the clear-cut leader

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TrendForce: 15.9 million foldables shipped in 2023, Samsung was the clear-cut leader

February 24, 2024, 08:59 AM

An estimated 15.9 million foldable phones were shipped last year as per the latest TrendForce report. The figure represents a 25% year-over-year rise and saw foldables climb up to a combined 1.4% market share of all smartphone shipments. TrendForce suggests the low adoption rate of foldables is mainly driven by their high price points and durability concerns.

Global foldable smartphone market share 2023-2024 (TrendForce)

Samsung continued its dominance as the leading foldable smartphone vendor with a 66% share of the market but the figure dropped by over 17 percentage points from...

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