Samsung Sees Significant Adoption of Foldable Smartphones, with Demand for Galaxy Z Fold and Galaxy Z Flip Doubling Among Enterprise Customers

Image: Samsung

Businesses are adopting foldable smartphones at a higher rate, according to Samsung, which shared a press release today that explains how the number of Galaxy Z Fold and Galaxy Z Flip smartphones sold for enterprise use has more than doubled year on year:

From January to October 2022, the number of foldable smartphones Samsung contracted to enterprise customers increased by 105% compared to the same period in 2021.

With foldable smartphone shipments expected to reach 16 million units worldwide – an increase of 73% year on year – the form factor is rapidly becoming mainstream, and shipments are expected to grow to 26 million units in 2023. The ease of multitasking on a large screen, and the powerful app optimizations for foldable devices, are helping drive adoption among enterprise users.

“Samsung Galaxy foldable smartphones were created to open up opportunities for new ways to work and explore creativity,” said KC Choi, EVP and Head of Global Mobile B2B Team, MX Business at Samsung Electronics. “This rapid growth in investment demonstrates our enterprise customers’ need for meaningful innovations to enhance workforce productivity.”

Samsung’s current foldable devices include the Galaxy Z Fold4, a fourth-generation product that has been described by the company as a multi-tasking powerhouse, ideal for business use, offering a large, expansive sized screen that Samsung believes makes it easier to get things done compared to traditional smartphones.

Samsung launched the Galaxy Z Fold4 on August 10, 2022, for $1,799.

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