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HomeMobile TutorialMobile NewsDSCC estimates the global folding screen mobile phone situation in 2024Q1: Huawei is expected to surpass Samsung for the first time

According to news on March 12, the screen supply chain consulting company DSCC recently released a blog post stating that global folding screen mobile phone panel shipments in the fourth quarter of 2023 were 4.2 million units, a year-on-year increase of 33%, setting a new record for fourth quarter shipments in previous years.

DSCC 预估 2024Q1 全球折叠屏手机战况:华为有望首次超越三星 Broken down into brands, the sales of Samsung Galaxy Z Fold5 and Galaxy Z Flip5 are lower than expected, but they still lead the world in the fourth quarter of 2023; Huawei and Honor both have brand shares increase. Broken down into models, a total of 23 folding screen mobile phones were shipped in the fourth quarter of 2023. Among the 10 best-selling folding screen mobile phones in the world, Samsung accounted for 4 models, Honor and OPPO accounted for two each, Huawei and One each for Xiaomi. Samsung Galaxy Z Flip5 remains the best-selling model, followed by Huawei Mate X5, Honor Magic Vs2, Samsung Galaxy Z Fold 5 and OPPO Find N3 Flip.

2024 Outlook

Samsung is still the leader in the folding screen industry, but this advantage is no longer obvious. Due to Samsung's gap period, Huawei is expected to surpass Samsung in the first or second quarter of 2024 with its two folding screen phones, Mate X5 and Pocket2. This is also the first time that Samsung has been surpassed in the folding screen market. DSCC data shows that Huawei purchased more screen panels from BOE in the fourth quarter of 2023, so BOE’s folding panel purchases in the quarter have exceeded Samsung Display (SDC). Driven by Huawei’s strong performance, the foldable mobile phone market grew 105% year-on-year in the first quarter of 2024. However, DSCC expects Samsung to regain its leadership position in the second half of 2024 and lead Huawei by a large margin throughout 2024. DSCC expects 25 different foldable models to ship in the first quarter of 2024, and 27 different foldable models to ship throughout 2024. DSCC estimates that Huawei and Honor will have a higher share in 2024, while OPPO and vivo have shelved their foldable screen projects, resulting in a decline in market share. DSCC predicts that Huawei will launch at least two new foldable phones in 2024, and Honor, Motorola, Samsung and other companies will also update their foldable phones. Overall, top-down foldable phones are expected to grow their share of the foldable phone market in 2024. Attached is a link to the full report, interested users can read it in depth.

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