Foldable device sales increased 4 times in 2021<\/b>
\nSamsung is a company that\u2019s betting all-in on foldable devices, and according to official statistics shared this week, this strategy is totally paying off. In a post published a few hours ago, the South Korean company explains that sales of foldable devices have skyrocketed in 2021, and what\u2019s more, it expects the growth to continue in the coming years. But just how many phones did Samsung end up selling when it comes to foldables? Quite a lot of them, though the company hasn\u2019t shared any specifics. However, Samsung says sales of this form factor increased no less than 4 times in 2021 as compared to the previous year. \u201cWhen Samsung Electronics revealed its first prototype of a flexible display back in 2011, few people realized they were witnessing a glimpse into the mobile industry\u2019s future. Now, a decade later, Samsung has shipped 4 times more foldable devices in 2021 than in 2020, exceeding the three-fold market growth that analysts expected,\u201d the South Korean company explained. \u201cConsumer enthusiasm for Samsung foldables is exemplified by the success of the Galaxy Z series. In the first month since launch, the Galaxy Z Fold3 and Z Flip3 exceeded total accumulative sales of Samsung foldable devices in 2020.\u201d Clearly, Samsung is very optimistic when it comes to the market performance of its foldable devices, and the company says it expects sales to go up by no less than 10 times by 2023. \u201cWith foldable smartphone shipments predicted to grow tenfold by 2023, let\u2019s take a look at the key moments, top innovations and important partnerships that have helped make foldable devices the next big thing,\u201d it says. In the meantime, however, the South Korean company also keeps investing in other products too. Samsung is getting ready to launch the new version of the Galaxy S lineup, and it\u2019s believed the company is also planning a new Note model that could see the daylight in the summer.<\/p>\n