Samsung’s Mobile Experience (MX) held a meeting with component suppliers where it discussed several interesting topics, including its strategy for foldable phones. A report of The Elec details that Samsung estimates up to 80% of the compound annual growth rate (CAGR) for its leaflet through 2025.
Samsung confirmed the high demand for its foldable phones in its home market and shared that South Korean iPhone users in their 20s and 30s are switching to Samsung foldables at a much faster rate than before, 3 to 4 times. higher than in previous years.
Samsung MX officials expect Apple to release its first foldable device in 2024, although it won’t be an iPhone but a foldable tablet or notebook. These new claims are in line with a previous report from CCS Insight. Samsung also believes 90% of current foldable phone users will also get a foldable as their next device.
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