Home > Article > Technology peripherals > DSCC: Folding screen mobile phone panel shipments will break records, expected to reach 9.25 million units this quarter
According to the latest report released by market research institutions Counterpoint Research and DSCC, in the first quarter of 2024, shipments of folding screen smartphone panels showed strong growth, with a year-on-year growth rate of 46%, reaching 3.94 million pieces.
The report analyzed the market pattern in detail. Huawei occupied 55% of the market share this quarter and led the purchase of foldable screen mobile phones. It has ranked first for two consecutive quarters, showing that its Strong market influence. At the same time, BOE also showed strong strength in folding screen panel shipments, maintaining its lead for two consecutive quarters. This quarter’s market share increased to 48%, higher than the 43% in the previous quarter. Huawei Mate X5 and Pocket 2 became the top two models in purchasing volume of folding screen panels this quarter, attracting market attention.
The editor understands that this report predicts the future growth trend of folding screen smartphone panel shipments. It is expected that in the second quarter of 2024, folding screen smartphone panel shipments will see greater growth, with a growth rate expected to reach an astonishing 113%, and shipments are expected to reach 9.25 million pieces. This growth is mainly due to two factors: on the one hand, Samsung has advanced the procurement and production time of the latest Z Flip and Z Fold series model panels; on the other hand, Huawei has expanded its presence in the Chinese market with the launch of new models. As demand continues to grow, panel purchases are also steadily increasing.
As the second quarter approaches, Samsung Galaxy Z Flip 6 and Z Fold 6 are expected to become the top two models in folding screen panel purchases, and Samsung is in the panel The market share in procurement is expected to be 52% to 57%, leading Huawei. Although Samsung and Huawei show that they will still maintain a large advantage in the market in 2024, the report predicts that compared with 2023, their advantages will be reduced and market competition will become more intense.
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