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Foldable Phones Predicted to Exceed 100 Million Units by 2026

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According to UBI Research’s “1Q22 Small OLED Display Market Track” Small OLED Display (10-inches or smaller watch, smartphone, foldable phone, etc.) shipment in 2021 was 746 million, a 34.4% increase from the previous year’s 555 million. The reason for the increase in shipments compared to 2020 can be attributed to the increased sales of iPhone 12, iPhone13, and the unexpectedly strong sales of Galaxy Z’s Fold 3 and Flip 3.

Compared to the previous year, Small OLED sales in 2021 was up from $26.5 billion to $38.1 billion, a 43.9% increase.

Graphs are categorized by application product; Watch, Smartphone, Foldable Phone.

Since 2019, foldable phones have been on an upward trend. The market for foldable phones in 2021 exceeded 10 million units, accounting for 1.4% of all small displays. It is predicted that foldable phones’ yearly upward trend will result in exceeding 100 million units by 2026, accounting for 9.7% of all small displays.

“1Q 2022, Small OLED Display Market Track” analyzes the production capacity for 10-inches or smaller OLED Displays. Quarterly sales market and shipment market were investigated by these categories; major panel makers, country, generation, substrate, TFT technology (LTPO and LTPS), and by application products (watch, smartphone, foldable phone).

An analysis of ASP and OLED supply/demand by application is also provided. Small OLED Display market forecast data is predicted until 2026 on Excel.

[MWC 2019] The new form factor, foldable phone wars heat up

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Reporter : Daejeong Yoon

Smartphone makers are promoting the new form factor, foldable phones at MWC 2019 started on February 27 and it runs until 29 in Barcelona Spain.

The show is buzzing with products from big-name tech companies, including Samsung Electronics and Huawei,TCL, LG Electronics being unveiled. That includes a variety of phones with foldable screens.

Samsung unveiled foldable phone ‘Galaxy Fold’ to customer, highly touted at the Samsung Galaxy unpacked event.

In folding ‘Galaxy Fold’ features a 7.3-inch QXGA + resolution OLED screen and it was built to be compact size with 4.6-inch HD + resolution OLED when folded.

And Huawei announced its own foldable phone “Mate X” uses roll out foldable technology, it is surrounded by a 6.6-inch main OLED on the front and a 6.38-inch on the back. It is 8.7 inches when it is opened, 1.4 inches bigger than Samsung Electronics’ Galaxy Fold.

Mate X’s front display has 2480 × 1148 resolution with a 19.5: 9 aspect ratio. The back OLED has a 2480 × 892 resolution with a 25: 9 aspect ratio. When you flip it open, the resolution is 2480 × 2200 with an aspect ratio of 8: 7.1. .

Also, TCL announced the prototype device uses the company’s proprietary “DragonHinge” mechanism to fold and unfold the screen, it has 7.2-inch screen.

According to TCL, this device will build a production version that is slated for release by 2021.

Lastly, LG showed off V50 which is similar to a folding phone, it does have an optional case with a whole second screen on it. With two near-identical phone displays next to each other, the functional split-screen allows multitasking and gaming easily.