Galaxy Z Flip3 foldable market leader

With Samsung’s work dating back years, foldable smartphones have become a separate market today. Foldable smartphones, which leave significant revenues due to their high profit margins, are making big leaps.

Galaxy Z Flip3 is the clear leader

According to the market research, 2.22 million foldable smartphones were sold in the first quarter of the year. Although there was a slight decrease compared to the previous quarter, there was a significant increase of 571 percent compared to the same period last year. Last quarter had the highest period of the market.

Galaxy Z Flip3 in the market 51 percent with the best-selling model. Galaxy Z Flip3, which has a slightly more affordable price, is the first choice for those who want to experience a foldable experience. Likewise, the Huawei P50 Pocket has a share of around 19 percent.

Samsung is the clear leader with a share of 74 percent. Huawei is in second place with a 20 percent share. The remaining share is shared between Chinese brands such as Xiaomi, Oppo and Vivo. There is a sales forecast of around 16 million throughout the year. This means a double increase. There are claims that Apple will also enter the market, and if this happens, the competition will become much hotter.