Realme Preparing to Launch Flip And Fold Smartphones to Compete with Samsung

Chinese smartphone company Realme may soon launch flip and foldable smartphones. Foldable smartphones are gaining popularity in the premium smartphone category. Samsung, Vivo, Oppo, Tecno, and Xiaomi are already present in this segment.

Realme Vice President Madhav Sheth took to Twitter to ask people about their preferences for the company’s foldable smartphone. They company Has asked to choose the option of flip or foldable smartphone as the next product. He indicated that the company is working on one or both of these. The company has not launched any foldable phone before. Realme has not revealed any specifications of its foldable smartphone. Its subsidiary firm OnePlus recently shared the teaser of its foldable smartphone, which could be launched in the third quarter of this year.

Samsung has the first place in the market of foldable smartphones. This South Korean company recently launched Galaxy Z Fold 4 and Galaxy Z Flip 4 in this segment. Due to the improvement in foldable display technology and increasing demand for foldable smartphones, some other smartphone companies are also launching smartphones in this segment. Huawei, Motorola and Xiaomi have launched new foldable phones. Huawei has Mate X and Mate X2 in this segment, Xiaomi has Mix Fold 2.

Global shipments of foldable smartphones may increase to around 18.5 million units. Last year this figure was around 1.28 crore units. The market for foldable smartphones includes flip and fold devices. It was told in the report of market research firm Trendforce that in this segment Samsung The share of the last year was about 82 percent. The company launched Samsung Galaxy Z Flip 4 and Galaxy Z Fold 4 in this segment last year. With the rise in sales of foldable smartphones, the market for hinges has also grown. This year, the market for Hinges is expected to grow by 14.6 percent year-on-year to exceed $500 million. Most of the teardrop shaped or U shaped hinges are used in foldable smartphones. U shaped hinges are used in these Samsung smartphones.