According to industry sources, Huawei had begun the mass production of its next generation of foldable phones in November. The models will be competing with Samsung’s Galaxy Z Flip 3 but the price is expected to be lower.
A report by Economic Times (via IT Home) said that an investor meeting was held on November 25 where Zhaoli Technology revealed it had commenced mass manufacturing of a new foldable smartphone hinge for a customer. This hinge was said to be cheaper to make and thus granted a higher rate of return. While Zhaoli Technology had not specified who the hinges were being produced for, industry observers were positive that it was for Huawei.
Foldable smartphones are obviously the next big thing in smartphone design, and almost every major player is dedicating huge resources to their development. The success of the Samsung Galaxy Z Flip3 particularly served as an incentive for other brands as it was proof that buyers no longer see foldables as experimental devices.
After all, foldable phones have until now often cost twice a regular smartphone despite being rather clunky. So, when the Galaxy Z Flip3 came into the picture with its affordable price tag, it managed to sell over a million units in just 40 days. Samsung, having tasted success, now plans to increase foldable phone shipments from 7 million to 13 million by 2022, including 4 million Galaxy Z Fold and 9 million Galaxy Z Flip models.
On the other hand, Samsung’s main rival in the foldable space – Huawei – is currently lagging behind in the game owing to restrictions from the US.
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