Foldable phones to become popular in the next 5 years

According to IHS Markit, about 50 million foldable phones will be launched in 2024.

Market research firm IHS Markit said smartphone models with foldable screens will achieve sales of 50 million units in 2024. Gsmarena page said that this estimate is quite reasonable because currently there are only a few big brands introducing foldable smartphones such as Samsung Fold and Huawei Mate X. Both models have problems and cannot be sold as scheduled. However, this is seen as a trigger for the war of foldable smartphones in the future. 

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According to IHS Markit, in the first half of 2019, global smartphone sales declined when compared to the same period last year. However, sales of AMOLED screens have not decreased and are expected to increase by 30% in the second quarter of this year. The reason comes from the discounted AMOLED screen. Besides, many manufacturers choose this screen to integrate a fingerprint sensor on the screen of smartphones. 

Gizchina said that OLED displays bring more improvements to smartphones. This is also the type of screen used on foldable smartphones. However, the prices of OLED models are usually higher than those of competitors. 

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After Huawei and Samsung, Motorola may be the next name to make screen smartphones foldable with the RAZR 2019 model. WSJ said the Motorola RAZR 2019 will be released in the US via Verizon's exclusive distribution channel at a price of approximately 1,500 USD. This device will operate on the Android platform. The shell will be still retained but the flexible bending screen will occupy the front of the device. There will be a small screen outside, and a large touch screen seamlessly inside. Motorola has yet to reveal the launch date of the RAZR model. 

According to Gizchina, Apple's first foldable product will be on the iPad series, running iPadOS and supported with 5G network. The screen size on this device will be equal to a MacBook when opened. As early as 2020, Apple will only equip the 5G network for iPhone and iPad with a foldable screen will not be released this year or the next year. 

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Analysts said that Samsung should adjust the hardware design on the Galaxy Fold to ensure this model does not encounter any problems. Besides, some names are expected to introduce foldable smartphones this year such as Xiaomi, and Oppo that will contribute to heating up this technology war. Smartphones with foldable screen bring new experience when users can use it as a smartphone and even a tablet when it is opened. However, the prices of these models are quite high and the software needs to be optimized better. 

By: Abigail Harris

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