Skip to main content
  1. Home
  2. Mobile
  3. News

Samsung is aiming even higher in foldables this year

By

Samsung has reportedly begun mass production of core components for its upcoming foldables. The company has two main foldable lineups the Fold and Flip. So it’s evident that components being produced are for the rumored Galaxy Z Fold 4 and Galaxy Z Flip 4. The South-Korean website TheElec revealed the information, further stating that the foldable phones will go into production in July.

Reports suggest that Samsung plans to produce 10 million units of the Flip and Fold series by the end of 2022. It is supposed that 70% of these could be Flip units while the rest may be Fold units. This is just a speculative number and the exact figures won’t be released until July. For reference, Z Flip 3 had a 65% of share whereas Z Fold 3 was 35% of the total Samsung foldables produced in 2020.

Camera viewfinder on the Galaxy Z Fold 3.
Andy Boxall/Digital Trends

Samsung Display will also magnify its manufacturing capacity for foldable display modules. It is said that the company will expand from 7 to 10 production lines at its Vietnamese factory. With this expansion, Samsung hopes to manufacture 2 million display modules per month compared to the 1.4-1.5 million units produced.

Recommended Videos

The Foldable smartphone market is estimated to reach $29 billion in 2025. Thus, it makes sense for Samsung to ramp up production of its foldable phones. In 2021 sales of Samsung foldables increased four times over the preceding year. The company also revealed that Galaxy Z Flip 3 and Z Flip 3 surpassed the total sale of Samsung foldables in 2020, within a month. Consumers are loving Samsung Foldables and there could be a bigger demand this year. As a result, Samsung has ramped up production to be on the safer side.

Related

The company is expected to have a 15% profit margin which is lower than the flagship S series. This is likely to keep the pricing in reach for a bigger audience. We do not have a launch timeline for the upcoming Samsung foldables but they will likely appear in the month of August or September.

Editors' Recommendations

Topics
Ayush Chourasia
Ayush Chourasia
Mobile Writer
Ayush works as an independent tech journalist. He has been writing since 2018 and has worked with publications like India…
Every Samsung gadget we still expect in 2024
A person folding up the Samsung Galaxy Z Flip 5.

Sure, the Samsung Galaxy S24 range is out, but don't think that's it for Samsung's 2024. The Korean company still has a lot to share, from folding smartphones to new watches and even an entirely new product range. As ever, it's going to be a massive year for Samsung, and many of its releases are sure to end up as staples on our various best-of lists.

The rumor mills are abuzz with whispers and leaks, and it's giving us plenty to look forward to. Here's the lowdown on every Samsung gadget we still expect to see in 2024, along with when we think they'll be officially revealed to the world.
Samsung Galaxy Z Fold 6 (July 2024)

Read more
OnePlus’ next foldable phone may get a huge camera upgrade
Digital render of Oppo Find N3 Flip in pink color.

Oppo Find N3 Flip Oppo

OnePlus' merger back into its parent company, Oppo, has been both good and bad for the "Never Settle" brand. While OnePlus has seen a dismaying downfall in the quality of its previously distinctive interface, it has helped make up for that in camera performance -- thanks in large part to Oppo's partnership with imaging stalwart Hasselblad. That collaboration is rumored to bear fruit once again, this time in the form of a flip phone with a robust camera.

Read more
The Honor V Purse is the most unusual foldable I’ve ever used
Honor V Purse with its chain case.

The novelty factor of a foldable gets me excited every time I use a fold or flip phone. After all, there’s a big screen that’s being halved to fit inside my pocket, and depending on the phone, sometimes it’s made of thin glass! While foldables brought the fun factor back to phones, the Honor V Purse is bringing the same fun/exciting feeling to foldables.

I didn’t think things could get any better, but then I unboxed the Honor V Purse — and it has exceeded my expectations. It’s a reverse book-style foldable, meaning there’s a large portion of the screen that’s always exposed. I expected it to wear out within weeks, but I’ve had the device for a few months now, and after using it as my primary phone for three weeks, I’m amazed at how it has held up. It's durable, unique, and one of the most unusual folding phones available in 2024.
The Honor V Purse is one of a kind

Read more