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Samsung Execs: Apple Will Launch Its First Foldable Device In 2024

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1

Samsung's Mobile Experience met with component suppliers to discuss various topics, including its foldable phone strategy.

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2

According to TheElec, Samsung's foldable phone will see a compound annual growth rate of up to 80% (CAGR) by 2025, according to a report.

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3

Samsung shared that there is a lot of demand for its folding phones in South Korea

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4

And said that South Korean iPhone users are switching to Samsung foldable at an even higher rate than in previous years.

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5

Officials at Samsung MX expect Apple to launch its first foldable device by 2024, but it won't include an iPhone.

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6

Instead, it will be a foldable tablet/notebook computer. These claims are consistent with CCS Insight's previous report.

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7

Samsung believes 90% of foldable phone owners will get their next device.

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