Summary

A recent report reveals a decline in foldable smartphone display shipments despite numerous new releases in 2024. This downturn, a first since 2019, is attributed partly to smaller manufacturers leaving the market. However, the anticipated release of a foldable iPhone in 2026 is predicted to significantly boost sales and revitalize the currently stagnant sector. The high cost of foldable phones compared to traditional models is also cited as a contributing factor to the decreased demand. Overall, the foldable phone market faces challenges, with the potential for an Apple entry to significantly change the market's trajectory.