Folding screen mobile phone shipments explode in the third quarter of 2021, Z Flip3 accounts for 60%

The world’s first folding screen mobile phone came out in 2018, and this year finally ushered in the first wave of small sales peaks. In addition to a new record in shipments, Samsung Galaxy Z Flip 3 alone accounted for the majority of sales. And it is expected that in the fourth quarter, the sales of folding screen mobile phones will continue to rise.

Panel supply chain market research institution DSCC recently released a market report on folding screen mobile phones for the third quarter of 2021. The report shows that folding screen mobile phones ushered in explosive growth in the last quarter. In addition to an increase of 215% over the previous quarter, The volume has reached 2.6 million units, which was not reached in the previous four seasons.

  Unsurprisingly, the biggest winner is Samsung, which has a 93% market share. The Samsung Galaxy Z Flip 3 has been greatly reduced in price compared to the previous generation, coupled with a new design, whether it is more optimized in terms of durability, external screen, and waterproof and dustproof level, it accounted for the global folding screen mobile phone output in the third quarter. With 60% of the volume, Z Fold 3 ranks second with 23% market share, and the previous generation Z Flip 5G also has 7% sales.
After    Samsung, Huawei won the second place. Huawei is selling only the Mate X2 5G version and 4G version of the folding screen models, and the sales area is limited, accounting for only 6% of the market.

DSCC predicts that in the fourth quarter of 2021, the sales of folding screen mobile phones will continue to rise, with shipments reaching 3.8 million units, and the demand for Samsung Z Fold 3 will increase to 36%, which will increase the market share of Samsung’s folding screen mobile phones to 95%. In addition, DSCC predicts that the annual sales of folding screen mobile phones will reach 17.5 million units in 2022. In addition to Samsung’s expansion of the folding screen mobile phone market, OPPO, Xiaomi, Huawei, Honor and Motorola all have plans to launch folding screens in the next year. Mobile phones, which will further stimulate the sales of folding screen mobile phones.
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