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Foldables, 5G handsets to fly By Fan Feifei | China Daily | Updated: 2021-01-22 07:25 Share CLOSE Consumers try out Huawei s 5G-enabled smartphones at its global flagship shop in Shanghai. [Photo/China Daily]
Shipments tipped to surge globally on innovative uses and affordable prices
Global shipments of foldable handsets are expected to surge 173 percent this year to about 11 million units, according to Sigmaintell Consulting, a Beijing-based market research firm.
About 9 million units will come from South Korean tech giant Samsung Electronics and around 2 million will come mainly from Chinese manufacturers, said Chen Jun, vice-president and chief analyst of Sigmaintell.
The research firm also said shipments of 5G-enabled smartphones in China are expected to rise 70 percent to 260 million units this year, with a penetration rate of 74 percent.
Source: China State Council Information Office
Global shipments of foldable handsets are expected to surge 173 percent this year to about 11 million units, according to Sigmaintell Consulting, a Beijing-based market research firm.
About 9 million units will come from South Korean tech giant Samsung Electronics and around 2 million will come mainly from Chinese manufacturers, said Chen Jun, vice president and chief analyst of Sigmaintell.
The research firm also said shipments of 5G-enabled smartphones in China are expected to rise 70 percent to 260 million units this year, with a penetration rate of 74 percent.
“The worldwide foldable smartphone shipments are set to witness rapid growth in the next few years, and the figure will reach 74 million units in 2025 from nearly 4 million in 2020,” Chen said.
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