Many expect Apple to launch its first foldable device. The bets were on an iPhone, but know what Samsung says.
At a recent meeting with component suppliers, Samsung’s mobile communications business, Mobile Experience (MX), discussed a range of interesting topics, including its foldable smartphone strategy. In an intriguing reveal, Samsung MX officials expect Apple to release its first foldable device in 2024 although it will not be an iPhone but rather a foldable tablet or laptop.
These new claims match a previous CCS Insight report, according to GSM Arena. Samsung also believes that 90% of current foldable phone users will also get a foldable as their next device.
Other than that, Samsung estimates a compound annual growth rate of up to 80%, according to a report by TheElec, GSM Arena reported.
The company confirmed the strong demand for its foldable phones in its home market and shared that South Korean iPhone users in their 20s and 30s are moving to Samsung folding at a much higher rate than before – apparently 3x to 4x faster than previous years.
Meanwhile, Samsung’s latest foldable smartphone, the Samsung Galaxy Z Fold 4, which got its first One UI 5.0 beta update last month, is now getting the third One UI 5.0 beta.
The new beta has a firmware version number ending in ZVK1 and requires a download of around 540MB. It comes with the November 1, 2022 Android security patch and fixes numerous bugs, according to GSM Arena.