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Foldable Phone Shipments Gradually Rise, Market Penetration Expected to Reach Nearly 5% by 2028

06/04/2024 | TrendForce
TrendForce reports that shipments of foldable phones are expected to reach 17.8 million units in 2024, making up only 1.5% of the smartphone market. Despite high repair rates and costs, market penetration is projected to climb to 4.8% by 2028.

Worldwide Smartphone Shipments Forecast to Recover with 4.0% Growth in 2024, Fueled by Android Growth in Emerging Markets

05/31/2024 | IDC
Worldwide smartphone shipments are forecast to grow 4.0% year over year in 2024 to 1.21 billion units, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker.

Global Quarterly Smartphone Production Jumps 12.1% in 4Q23; Annual Total Drops 2.1% Down to 1.166 Billion Units

03/11/2024 | TrendForce
TrendForce’s latest insights reveal a significant rebound in global smartphone production, marking the end of an eight-quarter slump in 3Q23. In a strategic year-end surge, brands amped up production to capture more market share, propelling Q4 smartphone output up 12.1% to reach 337 million units.

Apple Captures Top Spot in China Smartphone Market in 2023, Despite Overall Market Drop

01/25/2024 | IDC
A shift of power that we saw on the worldwide stage also happened in China, the largest smartphone market globally. Apple became the leading smartphone company in China for the first time with record high market share of 17.3% in 2023.

Benefited from Enhancing Bio-Sensing Technology, the Market in Wearable Device Applications to Reach $422 Million

01/22/2024 | TrendForce
In a pivotal ruling, the U.S. Court of Appeals for the Federal Circuit has decided against Apple in its patent dispute with Masimo, mandating a halt in sales of the Series 9 and Ultra 2 in the US due to their blood oxygen features.
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