Consumer Electronics Daily was a Warren News publication.

‘Significant’ Q2 Foldable Panel Shipments Foretold Major Launches in Q3

Q2 foldable smartphone panel shipments rose 20% quarter on quarter and 141% year over year to 3.1 million, and foldable phone shipments fell 26% quarter on quarter but jumped 94% year over year to 1.6 million handsets, reported Display Supply Chain Consultants Monday. No major smartphones were introduced in the quarter, but panel shipments were “significant” for a number of major launches in Q3, and that’s what accounted for the “differential in growth,” said DSCC. Samsung remained the top foldables brand, with a 50% share of phone shipments and a 66% share on a panel procurement basis, it said. Huawei held second place with a 37% share of phone shipments, followed by Oppo at No. 3 with 8%, it said. In Q2, the Samsung Galaxy Z Flip 3 was the best-selling model with a 34% share, with Korea its best-selling region. It was followed by the Huawei P50 Pocket with a 32% share and the Samsung Galaxy Z Fold 3 with 14%. Samsung Display remained the top panel supplier with a 73% share followed by BOE at 18% and Visionox at 8%.