According to the DSCC's latest update to the folding report, the DSCC now expects 36 different foldable phones to be available in 2023, compared to 19 in 2022. However, due to delays in some products and lower-than-expected sales of some products, as well as the downturn in the smartphone market, the DSCC lowered its foldable panel forecast for 2023 by 21% to 2.01 million units, but still an increase of 33% year-on-year; The forecast for foldable phones was cut by 15% to 16.4 million units, an increase of 28% year-on-year.

Despite being the leading brand in the folding market, Samsung's brand share is expected to decline from 79% in 2022 to 59% in 2023 as other brands penetrate the folding market. Honor and OPPO are expected to account for 8 percent each, up from 1% and 3% in 2022, respectively, while MOTOROLA's share is expected to increase from 15 in 2022 to 4% in 2023, jumping into fifth place.

At the same time, we see that Samsung Display will remain the dominant foldable panel supplier, but its market share is expected to decline from 82% in 2022 to 69% in 2023, with a growth rate of 12%. BOE's market share will rise rapidly in 2023, with its share soaring from 13% in 2022 to 25% in 2023, an increase of 157%. This is thanks to BOE from Oppo, Vivo and other brands to get small folding orders to seize the share of SDC, with more penetration of folding projects, BOE's market share is expected to continue to rise.

Gestant Display Technology Co.,Ltd. could provide a series of LCD and OLED products, such as AMOLED Screen, PMOLED Screen, Round Display Screen, Flexible Display Screen, TFT LCD, Mono-LCD and Bar Display Screen. Customize PCBA/LCD/OLED/FPC/Backlight/Coverlens/TP solutions.

Gestant Display Technology Co.,LTD was founded in 2012 in Shenzhen China. Even, the founder of the company, has more than 15 years of rich experience in LCD display industry. He has been engaging in the basic research of LCD display technology in Japan since his graduate school and has been working in the flat panel display industry after graduation.

Proficient in the manufacturing process and technology development of LCD / OLED / polarizer, Even was also one of the members of China liquid crystal Association who has a senior industry background and supply chain resources. In the past three years, he assisted his shareholders in building factories, purchasing equipment，establishing production lines, and successfully obtaining ISO9001 and ISO14001 system certificates.

He has established good business relations with major panel manufacturers in China (BOE /Tianma / IVO /EDO / Visionox), and the glass supply is stable and sufficient.

Gestant Display's products are widely used in Smart wear，Smart home，Outdoor photography，IP phones, Medical care, Industrial control equipment, Automotive and Vehicle displays, Instrumentation, and other Information terminal applications which could offer long-term after-sale services(such as 2 years quality warranty, long-term supply) .