DSCC: Folding screen smartphone panel shipments are expected to hit a record high this quarter, reaching 9.25 million pieces

According to news on June 13, market research institutions Counterpoint Research and DSCC released a report today. Data show that folding screen smartphone panel shipments increased by 46% year-on-year in the first quarter of 2024 to 3.94 million pieces.

Specifically, in the first quarter of this year, Huawei dominated panel procurement with its historically high 55% share and topped the list for the second consecutive quarter; BOE dominated panel procurement for the second consecutive quarter with a 48% share ( (up from 43% in the previous quarter) leads in folding screen panel shipments. Among them, Huawei Mate X5 and Pocket2 are the top two models based on the purchase volume of folding screen panels. The agency expects foldable screen smartphone panel shipments to increase 113% year-on-year in the second quarter of 2024, reaching a record 9.25 million pieces. The reasons mainly include the following aspects: Samsung will purchase/produce its latest Z Flip and Z Fold series model panels one month earlier than last year (note: this year is April); Huawei's panel procurement volume increases with Growth continues due to new models and strong demand from China. Entering the second quarter, Samsung Galaxy Z Flip 6 and Z Fold 6 are expected to become the top two models in terms of folding screen panel purchases. Samsung will also have a 52% to 27% advantage in panel purchases. ahead of Huawei. Samsung and Samsung Display are expected to maintain a large advantage in 2024, but this advantage will shrink compared with 2023.

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