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/ Foldable smartphone sales break record in Q3, Samsung to lose significant share in Q4
Foldable smartphone sales break record in Q3, Samsung to lose significant share in Q4
According to DSCC, foldable smartphones have had a record breaking quarter, in terms of sales, in the third quarter of this year (July to September), fueled by Samsung's launch of the Galaxy Z Fold5 and Z Flip5. The increased competition from China also played a significant part. Sales of foldables jumped 215% compared to Q2 2023 and 16% compared to Q3 2022 to 7 million units, eclipsing the previous peak of 6.1 million which was reached in the year-ago quarter. Samsung's market share was 72%, dominating but down from 86% last year. Next up, perhaps surprisingly, was Huawei with 9%,...
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