What you need to know
- Apple might launch a foldable phone in 2023.
- Samsung still holds the market share for foldable devices, but this could fall.
- Samsung has two years to make an even better foldable phone.
Samsung is going to have a difficult time maintaining a market share for its foldable phones if and when Apple releases a comparable model, experts say.
On May 3, TFI Securities analyst Ming-Chi Kuo predicted in an analyst note that the company is likely to launch a foldable iPhone. His note indicates that foldable phones are a “must-have” and that “after 5G, the foldable smartphone is the next innovative selling point of high-end models.”
Neil Shah, vice-president of research at Counterpoint Research, said in an interview that for the overall market, “it will be difficult for Samsung to maintain share once Apple enters.”
“Apple, if it…