The research firm said in a report that foldables will be the fastest-growing segment of the premium smartphone market over the next decade.
It further forecast that smartphone players like Samsung, Huawei and Apple<\/a> will majorly be at the forefront of this evolving market.
However, the report also cited steep pricing, low display-yield and uncertain durability as some of the near-term challenges that will need to be addressed.
Several big shots like Samsung, Motorola and Huawei had already entered this premium segment in 2019 and have been seeing significant success ever since globally.
Samsung launched its first foldable smartphone--Galaxy Fold in February 2019, and made the phone available in India at Rs 1,64,999.
Motorola, in November 2019, came out with Moto Razr--its first ever foldable phone offering priced at $1500 (roughly Rs 1.07 lakh). The model is yet to hit the shelves in India.
In February last year, Chinese player Huawei also launched its first foldable device-- Huawei Mate X<\/a> in China at $2400 (Rs.185,290) which is speculated to hit the Indian market by February end this year.
<\/body>","next_sibling":[{"msid":74064103,"title":"China's first-quarter smartphone sales may halve due to coronavirus: Analysts","entity_type":"ARTICLE","link":"\/news\/chinas-first-quarter-smartphone-sales-may-halve-due-to-coronavirus-analysts\/74064103","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":74064323,"entity_type":"ARTICLE","title":"Foldable smartphone shipments to reach 100 Million globally by 2025: Report","synopsis":"Global foldable smartphone shipments will hit 100 million units by 2025, market research firm Strategy Analytics said on Monday. ","titleseo":"telecomnews\/foldable-smartphone-shipments-to-reach-100-million-globally-by-2025-report","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2020-02-10 16:55:41","lastupd":"2020-02-23 15:42:41","breadcrumbTags":["Foldable","Huawei Mate X","galaxy fold","Moto Razr","apple","Smartphone","Devices"],"secinfo":{"seolocation":"telecomnews\/foldable-smartphone-shipments-to-reach-100-million-globally-by-2025-report"}}" data-news_link="//www.iser-br.com/news/foldable-smartphone-shipments-to-reach-100-million-globally-by-2025-report/74064323">