Phone companies enter the “folding” stage to continue growing, seeking to raise their portfolio and increase their share

Many companies are betting on foldable smartphones to open a new path for the growth of their profits, while the fifth generation networks have boosted the demand for these phones during the current period, despite their relatively high prices compared to other phones.

And many companies are working on launching more foldable phones to provide many options for users, targeting the category of users with higher purchasing power.

Foldable phones represent a new stage for the smart phone sector, and although shipments of these phones are still few, they represent the future in light of the trend towards integrating the smartphone and the tablet into a single mobile device, while market studies expect that “foldable” shipments globally will reach 17.5 million devices. During 2022, compared to 7.5 million phones in 2021.