Samsung has already demonstrated the much-anticipated prototype of the collapsible Galaxy F phone, but it is revealed that the company may initially produce only 1 million phones.
It is understood that research firm CGS-CIMB Group recently released a report showing that global collapsible smartphone shipments will reach 4 million units next year and will increase to 39 million units by 2022. In terms of market share, foldable smartphones will rise from 1.3% of the mobile phone market in 2019 to 9.2% in 2020.
The group believes that Samsung's Galaxy F may become the first foldable smartphone on the market. The estimated cost is $1,800 (approximately RMB 12,420), while Samsung's gross margin is 65%. The report also said that by 2020, the average price of foldable mobile phones will drop to 1,300 US dollars (about 8970 yuan).
In addition, the report reveals some key configurations of the Samsung Galaxy F phone. Samsung's Galaxy F will likely be equipped with two batteries, and the battery is expected to provide a total power of 5,000 to 6,000 mAh. The Galaxy F is expected to be equipped with a dual rear camera system (12MP + 12MP) and an 8 megapixel self-timer camera. The US-based phone will use the Snapdragon 855 mobile platform, while other models will use the Exynos 9820 chipset. Samsung's Galaxy F phone will also be equipped with 8GB of memory and 128GB of memory.
The report also said that in the future we may see a collapsible smartphone with a 7-inch display, or even expand the screen to 12 inches, using 3 separate displays. Samsung is expected to lead the foldable display market by 2020. In addition to Samsung, Huawei and LG are expected to launch foldable smartphones in the first half of 2019, followed by Xiaomi, Vivo, OPPO and Motorola. Microsoft and Apple are expected to release foldable devices in 2020.