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DSCC: Samsung will lead the foldable smartphone market with over 80% share by year-end

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Foldables are said to take over the world of smartphones in the next few years. We can already witness their success, thanks to devices from Samsung, Motorola, and Huawei. The South Korean giant is clearly a market leader in this segment. A new report by Display Supply Chain Consultants (DSCC) also confirms the same providing more insights into this new breed of mobile devices for the year 2020.

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The report by DSCC says that Q2 of 2020 is expected to be the record period for foldable panel shipments this year. The firm also forecasts Galaxy Z Flip to the top-selling foldable of the entire 2020, followed by Galaxy Z Fold2, Motorola razr, and Galaxy Z Flip 5G.

Talking about brands, Samsung will account for more than 80% of the market by the end of 2020. The report adds that this is due to Huawei

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’s inability to launch the Mate X2, no thanks to the US ban.

Further, clamshell foldable smartphones will cover 60% of the market, again due to the absence of Mate X2 with an in-folding screen. As for display cover, UTG (Ultra Thin Glass) will lead with more than 80% share.

Whereas, Nitto and Colon have a dominate share in foldable polarizers and CPI (Colorless Polyimide) respectively over Sumitomo Chemical. Lastly, Qualcomm has over 95% market with Snapdragon 855+ leading the chart, followed by Snapdragon 865+.

UP NEXT: Samsung unveils foldable OLED panel with world’s smallest curvature

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