Foldable phones are a risky venture, but here's why Samsung and other tech giants are trying their luck

Foldable phones are a risky venture, but here's why Samsung and other tech giants are trying their luck
The global smartphone market is in a good shape. Sure, we've seen reports of declining shipments and oversaturation in the US, but the reality is that Apple, Samsung, Huawei, and other top companies are still raking it in. 

Why? Two words: profit margins. You don't have to be a tech aficionado to notice the increased prices of high-end models over the last couple of years, as even casual consumers are painfully aware that they are paying more for new handsets than ever before. So why are we hearing that the big players are in such a rush to take a risk and introduce foldable phones as fast as possible to the market?

Well, according to US display market research company DSCC, global shipments for foldable phones could reach as much as 53 million units annually in less than 5 years time. And, as the table below shows, that amounts to a lot of extra revenue - around $6.7 billion for the smartphone market alone in the year 2022. 


DSCC predicts that things will start out slowly in 2019, as the first foldable models (most likely introduced by Samsung and Huawei) will reach about 3.1 million shipments. However, the report states that things are expected to take a skyrocketing turn from there on:



During the 9 months it took to compile the report, the display researcher has apparently met with many brands and panel suppliers, discussing their roadmaps and long-term vision for foldable devices. The paper has pages dedicated to discussions with companies like Apple, Samsung, Huawei, LG Display, and Visionox. 

While it still might be too early to talk about possible display sizes for these future handsets, a further dive into the contents of the report hints that we could see models with 7.3-inch (2960 x 1440) and 7.7-inch (2960 x 2960) screens in the beginning. The upcoming Samsung Galaxy F foldable phone is rumored to sport 7.3 inches of screen real estate, so make of that what you will. 


While the possibility of pioneering the "next big thing" in mobile technology certainly sounds alluring, investing heavily in foldable phones is undoubtedly a perilous undertaking. Having a compact phone that can unfold into a tablet-like device is a neat idea, but the end-price of these gadgets might prove to be a stumbling block to consumers, at least in the beginning. 

It is speculated that Samsung's first foldable offering will cost between $1,800 and $2,000. These figures almost make Apple's latest iPhone XS and XS Max models look like mid-range offerings in terms of price. A handset with such a large display will be appealing to businessmen and gamers with deep pockets, but will the Galaxy F and its foldable counterparts offer enough unique features and functionalities to convince the average consumer? It remains to be seen, but fortunately, we won't have to wait that long to find out.

What's your opinion on foldable phones? Do you see yourself buying one next year or will you bide your time and see if it's truly worthy of your money and attention? Let us know in the comments below!

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14 Comments

1. Cat97

Posts: 1892; Member since: Mar 02, 2017

I will probably not buy the first generation, but eventually in a few years they will probably look like regular smartphones but unfold into large tablets, so yes, everyone will probably use one in 10 years from now.

2. GreenMan

Posts: 2697; Member since: Nov 09, 2015

"These figures almost make Apple's latest iPhone XS and XS Max models look like mid-range offerings in terms of price." I wonder who you're trying to convince here? The readers or... Yourself? I remember when I was about to buy The Triumph Speed Triple 955i; a little over two decade ago. It was EXTREMELY hard for me to 'throw' an equivalent of $10,000 on a 'toy for boy' (As many called it) but my heart was yearning! And to convince myself; I focused my attention on my brother-in-law's brand new BMW Z3 Convertible and... Presto! The Triumph looked dirt cheap and I bought it in a heartbeat. Crashed and lost that beauty 4 years later but... That's another can of worms! G'Day!

3. youssef44

Posts: 547; Member since: Apr 29, 2014

It depends on what the foldable phones will give us, what the features they have, how they look like, does they worth to pay on them or not ! When i know the answers then i will decide

4. T12RYK

Posts: 849; Member since: Jun 10, 2011

It's Samsung's failing attempt to try and out do Apple. It will never happen Samsung! HAHA!

14. DRS1977

Posts: 679; Member since: May 27, 2015

I love how obsessed you are with Samsung. You are in love.

5. Leo_MC

Posts: 7432; Member since: Dec 02, 2011

I don't think this is the future, I think no display is the future. "No display" meaning devices that will be able to project images on every surface (or create their own "surface" on thin air).

6. Supah

Posts: 692; Member since: Mar 08, 2017

iGenius, you mean holographic display? You must be super iSmart lol "No display" LMAOOOOO Apple should call it 'No display'. It's a perfect name for perfect iWinners.

7. Leo_MC

Posts: 7432; Member since: Dec 02, 2011

Holographic display is just a part of what I'm saying and it's the most rudimentary one (which proves that you're either an ignorant who is only able to see what Hollywood bad movies show him, or a limited person). Science went beyond holograms and managed to create VRD systems (see Google Glass) or BCI (see prosthetics). Now, I have only seen you trolling Apple related topics and, if you're happy doing that, I have no problem, ignoring you; I just ask you to do the same in the future so we could both be happy. Agree?

8. Supah

Posts: 692; Member since: Mar 08, 2017

"No display" LMAOOOOO Whatever you say iGenius lol

9. Leo_MC

Posts: 7432; Member since: Dec 02, 2011

Well this world needs its idiots and I see that you insist on making sure it has them. I won't be bothering you anymore with smart things. Here is a circle for you to play with - O - and here is a stick - I. Go nuts.

11. Supah

Posts: 692; Member since: Mar 08, 2017

iSmart things like "No display"?? LMAOOOOOOOOOOOOOOOOO I have two suggestions for you  1 Try to iBS harder 2 How about calling it "No 'retina' display" instead of just plain "No display"? lol

12. Leo_MC

Posts: 7432; Member since: Dec 02, 2011

Google Glass doesn't have a display and it's been around for a few years. What does Apple have to do with the subject? Are you one of those touched in an improper manner by a Apple logo?

13. Supah

Posts: 692; Member since: Mar 08, 2017

"No display" is the future!! LMAOOOOOOOOOOOOOOOOO

10. Supah

Posts: 692; Member since: Mar 08, 2017

I'm definitely getting one

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