Foldable Phone Market to Accelerate in Expansion under Maturing Development Conditions

Development conditions for foldable phones are becoming increasingly mature due to the active involvement of smartphone brands. This report probes into the positioning, market segmentation, and hardware specifications of foldable phones, whilst examining their market competitiveness under price changes, future development trends, global market dynamics, and key component suppliers.

Table of Contents

1. Foldable Phones Gain Popularity and Distinction, Enhancing Market Segmentation

2. Foldable Phones Will Face Off with Other High-end Models in the Market as Their Hardware Specifications Become Standardized and Prices Drop

• (1) Folding Form: Book-Style and Flip Variations for Mid and High-End Models
• (2) Display and Plate: UTG Becomes Standard Configuration as Dimension Approaches Limit
• (3) Hinge: U-shaped Hinges Replaced by Teardrop Hinges

3. Foldable Phones to Focus on Slim Designs and Water Resistance in 2024; Shipment to Exceed 25.2 Million Units

4. TRI's View

• (1) Consensus Formed on Three Major Hardware Specifications as Foldable Phones Gradually Find Their Position in the Market
• (2) Shipment of Foldable Phones is Expected to Arrive at 25.2 Million Units in 2024, Benefiting Display and Hinge Suppliers