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Samsung’s foldable smartphones sees growth double year on year

Megan Robinson
November 30, 2022

Companies shifting towards work-from-anywhere policies are attracted to foldables for maximum productivity

Samsung has announced the number of Galaxy Z Fold and Galaxy Z Flip smartphones sold for enterprise use has more than doubled year on year.

From January to October 2022, the number of foldable smartphones Samsung contracted to enterprise customers increased by 105 per cent YoY.

Shipments are expected to grow to 26 million units in 2023 and the rise is driven by the ease of multitasking on a large screen and app optimisations for enterprise users.

KC Choi, EVP and head of global mobile B2B team, MX business at Samsung Electronics said: “Samsung Galaxy foldable smartphones were created to open up opportunities for new ways to work and explore creativity.

“This rapid growth in investment demonstrates our enterprise customers’ need for meaningful innovations to enhance workforce productivity.”

Supporting enterprises

Foldables have attracted the financial services industry where 74pc of a sample group of financial advisors say being connected through mobile apps is critical.

The Galaxy Z Fold4 is designed for multitasking and offers a large screen and a PC-like Taskbar to help users manage, launch and switch between apps without interrupting work.

The device also adapts to workflow needs and Flex Mode supports e-signature and note-taking using the S pen.

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