Samsung is optimistic that Apple will introduce its first foldable device in 2024
Foldable devices are now fully integrated into our lives. In this context, Samsung is also positive about Apple's plans.
Samsung recently made fun of Apple not having a foldable phone. Although apple introduced the brand new iPhone 14 series this year, it still does not have a foldable device. In this context, now the South Korean technology giant has some ideas. During a meeting with component suppliers, Samsung's Mobile Experience (MX) discussed a number of interesting topics, including its foldable phone strategy.According to a TheElec report, Samsung anticipates a CAGR of up to 80% for its foldable device until 2025.
Samsung is optimistic that Apple will introduce its first foldable device in 2024
Samsung shared that South Korean iPhone users in their 20s and 30s are switching to Samsung foldables at a much higher rate than in previous years, reportedly 3x to 4x higher than in previous years. Additionally, Samsung confirmed that there is a high demand for its folding phones in its home market.
Officials at Samsung MX anticipate that Apple will introduce its first foldable product in 2024, but it won't be an iPhone but rather a foldable tablet or notebook computer. Additionally, Samsung believes that a foldable phone will be purchased by 90% of current foldable phone owners.