TechInsights: Global foldable smartphone shipments to grow 9.2% year-on-year in Q1 2023

In Q1 2023, global shipments of foldable smartphones increased by 9.2% year-on-year.

Samsung still leads the global market, followed by Huawei and OPPO. Due to the ongoing geopolitical factors and economic turmoil in the world, Samsung's global shipments of foldable screen phones fell by double digits.

Shipments of foldable phones in the Asia-Pacific region account for nearly three-quarters of the global total.

In terms of form factor, clamshell foldable phones dominate the market, accounting for more than half of the market share.

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