The global smart phone market has entered a growth plateau, and major brand factories have begun to divide the folding screen market, hoping to create a new market blue ocean, and the folding phone market is driven by the flagship new products and affordable machines, and the momentum is strong next year, and it is estimated that the volume of goods is expected to increase by 50% annually, to 34.3 million units.
Research institute set state technology (TrendForce) previously released a report pointed out that this year's global folding phone shipments of about 18.3 million, is expected to grow by about 38% next year, to 25.2 million. Legal institutions are further revised up the shipment forecast, optimistic that the growth rate will exceed 50% next year.
It is reported that in the past, the terminal price of folding phones mostly fell at about $3,000, due to the decline in production costs, coupled with the trend of brand competition, this year has seen some folding phone prices dropped to $1,400 to $2,000, next year there is a chance to see less than $1,000 models, pushing up the folding phone market penetration. It has become one of the main reasons for corporate institutions to raise their shipment estimates.
At present, the folding machine market is still dominated by Samsung, with a market share of nearly 70%, Huawei is closely followed by 12% of the market share, and the rest are mainland brands such as Oppo, Honor and vivo;
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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.
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