Samsung is slated to increase the production of displays for foldables by nearly 50% year-on-year
The Galaxy Z Fold3 and Flip3 may go down in history as the devices that sparked the trend for their cutting-edge category of phablets and smartphones off in earnest. They have already surpassed their conventional flagship counterparts the S21 and Note 20 series in terms of first-week pre-orders in their OEM's native South Korea. Now, Samsung may have decided that this is indeed where the money will be going in the future, and has started to focus much more on the production of their signature flexible AMOLED panels.
KEDGlobal claims that, according to its "industry sources", Samsung aims to expand foldable-grade panel production from the current figure of 17 million units to 25 million (or 47%) by the end of 2021. This is enough for up to 10 million Z Fold units, as well as for 15 million Z Flip units, per year.
These goals involve the expansion of the Samsung Display plant dedicated to the production of the components in question. This facility, located in Bac Ninh, Vietnam, is currently described as at the limits of its capacity and in need of expansion in order to meet evolving market demands.
Samsung remains a leading player in mobile devices, although it is currently under pressure from, and even surpassed by, other OEMs such as Xiaomi and Apple at this stage. Now, it is possible that its pioneer status in the world of next-gen display devices might represent its way back to the top of this market in the next few years. On the other hand, one major rival has already succeeded in producing its own first-gen foldable by now.