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Samsung's Mobile Experience met with component suppliers to discuss various topics, including its foldable phone strategy.
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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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Samsung shared that there is a lot of demand for its folding phones in South Korea
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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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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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Instead, it will be a foldable tablet/notebook computer. These claims are consistent with CCS Insight's previous report.
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Samsung believes 90% of foldable phone owners will get their next device.
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