Huawei helps! BOE surpasses Samsung to become the first in foldable panel shipments

According to news on February 1, a report recently released by the supply chain consulting company DSCC shows that in the fourth quarter of 2023, BOE surpassed Samsung and ranked first in the foldable panel market in terms of shipments, while Huawei ranked first in procurement volume. one.

Since entering the foldable market in the third quarter of 2019, Samsung has been in the leading position in terms of shipments and purchase volume. However, these have been eliminated by BOE and BOE respectively in the fourth quarter of 2023. The end of Huawei.

The report shows that in the fourth quarter of 2023, BOE occupied 42% of the foldable panel market and ranked first, while Samsung fell from a cliff of 76% in the third quarter. To 36% in the fourth quarter, the market share decreased by 40%.

DSCC analysis shows that Samsung’s foldable panel shipments fell by 70% in the fourth quarter from the previous quarter.

The agency said that BOE’s surge in market share was largely due to the substantial growth of Huawei’s foldable smartphones. Huawei’s purchase volume in the fourth quarter was higher than that in the previous quarter. An increase of 122%.

The poor initial sales of the foldable mobile phones Galaxy Z Flip and Fold 5 released by Samsung are another reason for Samsung's decline in market share.

However, the agency predicted that Samsung may return to the top spot in the first quarter of this year, and said that Samsung may launch a lower-priced foldable phone within the year to solve the Galaxy Z Flip panel inventory problem.

The above is the detailed content of Huawei helps! BOE surpasses Samsung to become the first in foldable panel shipments. For more information, please follow other related articles on the PHP Chinese website!