How the foldable smartphone market may grow 27% by 2027

Chinese smartphone makers like Oppo and Vivo are entering the foldable smartphone market dominated by Samsung. The segment is expected to grow despite a decline in 2022 by over 11%, as more brands invest in enhancing the durability and user experience of the devices. IDC predicts shipments of foldable phones will reach 21.4 million units in 2023 -- a growth of over 50% from 2022. https://ift.tt/631GoHR