Tuesday, February 15, 2022
Foldable smartphone shipments may cross 30 million mark in 2024: Report
Forecasts show a compound annual growth rate (CAGR) of 53 per cent increase in foldable smartphone shipments between 2021 and 2024. The overall smartphone market grew only 7 per cent while the foldable segment grew 148 per cent year on year in 2021, despite carrying high price tags. https://ift.tt/hXkCudw
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Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, above €886.8M est., driven by AI demand (Sarah Jacob/Bloomberg)
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