Samsung tipped to be working on a tri-fold smartphone
Samsung might be looking to shake up its foldable business. The company is supposedly thinking about launching a tri-fold smartphone in 2025. Industry insiders from Korea said the company is ready for the technology, and its supply chain can handle the new product. However, the final call for its production will come from Samsung's MX (Mobile eXperience) Division, the unit responsible for its foldable phones. The company might be exploring this new design to combat slower sales.
According to the report, there's been a 10% decrease in the order of OLED panels as demands for the Samsung Galaxy Z Fold6 and Flip6 didn't meet expectations. Samsung Displays shipments for foldable OLED panels will total roughly 12 million this year, a stark 40% decrease from last year's 20 million shipments. The Fold6 and Flip6 are responsible for around eight million units, down from the 10 million forecasted sales.