Samsung is one of the leading brands in the industry when it comes to the foldable smartphone sector and this is mainly because it was one of the first companies to enter the smartphone market and that is why the Korean company was able to innovate a new category of smartphones which we now call the foldable smartphones Foldable Phones.
Based on the latest reports and according to statistics for the year 2021, it is clear that the Korean giant spreads its wings and alone dominates the foldable smartphone market.
According to Omdia statistics, Samsung will account for more than 61% of the total shipments of foldable smartphones at the end of 2021. In addition, the Korean company has won 5 advanced positions in the statistics of the 11 best foldable smartphones so far.
The report added that the Samsung Galaxy Z Flip 3 is the most famous foldable smartphone in the world, which shipped up to 4.6 million units of it at the end of last year. This is a great achievement for the South Korean company considering that it was able to sell only 1.1 million units. From the Galaxy A Flip in 2020.
Regardless of the huge improvements in the new version of 2021 compared to the previous version, but the step taken by Samsung to reduce its price by about $ 400 USD greatly helped to improve sales of the new version.
In addition, there was also good news for fans of the brand who want to get a foldable smartphone that offers a tablet experience, as Samsung decided to reduce the price of the Galaxy Z Fold 3 by $ 200 USD compared to the previous generation.
The new price difference helped raise the total number of phone shipments from 700,000 units in 2020 to more than 2.5 million units at the end of 2021.
According to the Omdia report, Samsung was able to sell more than 7.5 million units of its foldable phones Galaxy Z Flip 3 and Galaxy Z Fold 3 by the end of 2021, which is more than approximately 61% of the total number of foldable smartphones sold so far . Samsung’s share is likely to rise to more than 70% by the end of this year.