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> Global foldable smartphone shipments have grown from roughly 2.8 million units in 2020 to an anticipated 20–25 million units in 2026.

Foldables will slowly become the standard phones, probably over a decade or so.

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20 million is a rounding error, 1.3 to 1.5 billion smartphones are sold per year every year since 2013.

I was in the heart of the VR revolution in 2015, they were predicting 150b+ market by 2020, it barely reached 20b... In 2025...

They're always hyping their new gadgets but at the end of the day people are just not buying these in any meaningful amount. They love to take the past 6 months performance and draw a straight line from there.

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I doubt that very much. They will always be a lot more expansive than even large (~6.8") single screen devices. I don't see how folds will ever be easier/cheaper to produce than single screen displays.
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The same way that smart phones aren’t easier nor cheaper to produce than feature phones. Once the technology and features get good, people’s default expectations shift.

I’ve not been sold on flip phones so far, but the latest “passport” style has made me curious.

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