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#MMtech- Despite steadily rising sales, folding handsets currently account for just 1 per cent of smartphone sales worldwide, mainly due to extremely high prices. This could be set to change in 2024, however, with the launch of some more affordable mid-range models.
The market research firm TrendForce anticipates this trend, stating that Samsung, the market leader, is preparing to market at least one folding phone as soon as 2024, at a more affordable price than the current Galaxy Z Fold and Z Flip. Huawei is set to follow suit in the Asian market.
This broader offer, accompanied by lower prices, could finally help boost this market segment โ which is still relatively exclusive, but appeals greatly to the younger generation โ helping it to take off more broadly among consumers. The Samsung Galaxy Z Fold 5 and Z Flip5 are currently priced from โฌ1,899 and โฌ1,199 respectively, excluding promotions. Prices will need to go well below the symbolic โฌ1,000 mark to convince the public at large to adopt this technology. And price doesnโt appear to be the only factor. Motorola is offering its Razr 40 for โฌ899, but this model has so far only met with limited success.
The smartphone market is now saturated, with sales declining slightly over the past two years. Only the folding phone segment is currently posting rising sales figures, but it is still small, with 14.2 million units sold worldwide in 2022, according to figures from Canalys, out of a total of nearly 1.2 billion smartphones sold over the same period. The vast majority of these will be Samsung models, available almost everywhere in the world, unlike the Chinese models sold mainly in China.
#malaysia #news #technology #tech #gadgets #smartphones #trending #opinion
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@sdgrumbine I am once again asking you to let us
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Pastel Purple Ice Perc Water Pipe
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Hand Blown Glass Rasta Griddle Perc Bubbler
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Color Base Water Pipe
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The Tank! This M&M Tech water pipe is a beast, thick & durable ๐
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14mm Male Hybrid Slide
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Bent Neck Beaker Waterpipe
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Bent Neck Thick Beaker Waterpipe
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