Foldable smartphones demand doubles

SAMSUNG recently announced the number of Galaxy Z Fold and Galaxy Z Flip smartphones sold for enterprise use has more than doubled year on year. From January to October 2022, the number of foldable smartphones Samsung contracted to enterprise customers increased by 105 percent compared to the same period in 2021.

With foldable smartphone shipments expected to reach 16 million units worldwide — an increase of 73 percent year on year — the form factor is rapidly becoming mainstream, and shipments are expected to grow to 26 million units in 2023. The ease of multitasking on a large screen, and the powerful app optimizations for foldable devices, are helping drive adoption among enterprise users.

Benefits of foldables