Two Chinese companies, Techno and Huawei have confirmed plans to produce the world’s first ever tri-fold smartphone. Techno disclosed a new device, the Phantom Ultimate 2 concept sports, which has a 6.48-inch display and 10-inch internal screen, an aspect ratio of 4:3, and an LTPO OLED panel, with an impressive resolution of 1620 x 2280.
The tri-fold smartphone is expected to be 11 millimeters after folding, making it 1.1mm thinner than the Samsung fold smartphone. The announcement video shows a bigger camera, but the true dimensions are unclear.
The Launch of the Tri-Fold Phone
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Techno launched the device concept in a brief clip showing a two-hinged device, placed in different angles. But, there are questions on whether the tri-fold smartphone will make it to commercial production, as it is only a concept now. In August 2023, the smartphone manufacturer launched the Phantom Ultimate, which failed to make it to production.
Race for Tri-Fold Smartphone
The commercial launch of the tri-fold smartphone might be the first competitor for tablets, and only innovative ones might have a chance to retain their market share. Recently, manufacturers have ventured into this new segment of producing foldable gadgets, a move likely to diminish the tablet market. The 10-inch screen gives the smartphone a tablet’s feel.
Despite the announcement from Techno, they’re way behind Huawei who are set to launch their tri-fold smartphone in September 2024. Over the years, companies have promoted all sorts of concepts, but only a few have made it to the market. As the first-ever product of its kind, the device will be pricey, potentially upwards of $3,500. However, a high price might mean the production of fewer units than market expectations.
Growth of the Foldable Market
Even though foldable phones make up a small percentage of the overall smartphone market, the share is growing. A report from The International Data Corporation revealed that the foldable phone market is expected to grow by 37.6% to 25 million units in 2024, up from 18.1 million devices sold in 2023. The overall foldable shipments are expected to hit 45.7 million units in the next four years.
IDC identified high prices and longevity as major concerns that have stalled the growth of the market. As the technology improves, lower prices and improved durability can be a catalyst for market growth.
Final Thoughts
With the tri-fold smartphone launching in September, it shows the rapid evolution of technology. In October, the original foldable phone was launched, Samsung unveiled the Galaxy Z Fold, and now we‘re looking at the first-ever tri-fold phone. The promising advancement in technology might open paths for the development of more innovative devices, revolutionizing smartphone and tablet segments.
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