A report released by Ross Young's DSCC reveals that the global foldable phone market suffered a rough fourth quarter.
Ross Young is one of the most reliable tipsters around. He is co-founder and CEO of Display Supply Chain Consultants and today. Foldable smartphone shipments suffered through a rather tough 2022 fourth quarter as they dropped 48% compared to the third quarter, and 26% compared to the fourth quarter of 2021. 3.1 million foldable phones were delivered from the start of October 2022 through the end of December 2022.
DSCC also noted that the fourth quarter of 2022 saw the recently released iPhone 14 series steal the spotlight from Samsung's foldables.The report says that fourth-quarter softness was apparent in the states where Samsung's share of foldable shipments was in the single digits. The top foldable phone worldwide during the fourth quarter of 2022 was the Galaxy Z Flip with a 47% slice of the global foldable smartphone pie.
During the same period, the share of the global foldable market owned by the Galaxy Z Fold 4 was 28%. That was up slightly from the 27% share that the Galaxy Z Fold 3 earned during the fourth quarter of 2021. The third most shipped foldable model during the fourth quarter of 2022 was Huawei's clamshell Pocket S model with a 5% share of the global foldable market.
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