Global Foldable Smartphone Market Expected to Reach 55 Million Units by 2025, as OPPO Sees Increased Market Share in Major Regions

Foldable smartphones have become increasingly popular in recent years, and since the introduction of this segment of smartphones, there has been much excitement in product launches around the world. To delve deeper into the highly competitive foldable smartphone space, according to Counterpoint’s  studySome of the most prominent findings include the expectation that global shipments of foldable smartphones will reach 55 million units by 2025, along with the realization that global smartphone brands have made significant headway in this industry.

Smartphone manufacturers are strategically shifting their focus towards the premium segment. Within this segment, foldable smartphones have emerged as a game-changing innovation, offering a unique consumer experience. With OPPO, a leading global smartphone manufacturer, at the forefront of this revolution, the brand’s contributions are reshaping the foldable smartphone landscape.

Foldable Smartphone Scene: A Growing Segment

According to Counterpoint’s data, global foldable smartphone shipments are on track to experience robust growth, with a projected Compound Annual Growth Rate (CAGR) of 114% from 2019 to 2025. By 2025, global shipments are expected to reach an impressive 55 million units, quadrupling from the figures in 2022. In this dynamic market, smartphone brands have been leading the charge, contributing to the industry's rapid evolution and expansion.

In 2022, China held a commanding 26% share of the global foldable smartphone market, surpassing all other markets in this regard to become the leading foldable market globally. Smartphone brands have been instrumental in driving growth through product diversification, technological innovation, and competitive pricing. This collective effort resulted in a remarkable 199% Year-over-Year (YoY) growth in foldable smartphone shipments in 2022.

OPPO’s Role in Elevating the Global Foldable Smartphone Market

OPPO has played a pivotal role in the success of foldable smartphones globally. With the introduction of the OPPO Find N in 2021, the brand has redefined the user foldable experience, making foldable devices an integral part of users' daily lives.

OPPO's dedication to innovation extends beyond software. The OPPO Find N2 Flip, the brand’s first flip foldable, boasts its industry-leading Flexion Hinge, resulting in an incredibly subtle creasing, along with the ability to withstand over 400,000 folds.  At launch, the Find N2 Flip's cover screen was the largest of any flip phone, measuring in at 3.26 inches in a vertical orientation, ideal for most use-cases. This innovative form-factor has also brought new functionality to the flip device, with FlexForm Mode giving users the freedom to use the main camera set up for selfies, group shots and even vlogging. 

Aside from the ability to transform the way we take pictures and videos, the OPPO Find N2 Flip also introduced the fastest charging of any flip phone on Find N2 Flip – 44W SUPERVOOC, taking the 4,300mAh battery from nearly empty to 50 percent in just 23 minutes  The many industry firsts of the OPPO Find N2 Flip resulted in the device capturing approximately 15% foldable smartphone market share in China, boosted to a total of 22% when accounting for the OPPO Find N2 as well.

Foldable Smartphone Market Expansion and the Future

Zooming in on the ultra-premium segment, foldable smartphones are expected to more than double in sales share on the global scale from 7% to 16% by 2025. This signals high potential in the premium smartphone segment, leading global technology brands to expand their reach into international markets. 

On top of that, the APAC region has seen a 50% YoY growth in foldable shipment share from 2021 to 2022. This is evidence of the increased demand for such devices, causing organisations like OPPO to introduce its Find N2 Flip to the region. In fact, the Find N2 Flip was highly received in APAC. Such as in Thailand, where OPPO’s device ranked first in the foldable smartphone segment with up to 55% market share in its first sale month. This type of reception has only spurred OPPO to innovate in the foldable segment to produce more high-value devices to APAC users. 

The Evolution of Foldable Smartphones

It is clear that foldable smartphones have gone through several generations of development. The upcoming generation of foldable smartphones is expected to surpass traditional flagship devices in overall performance and grow significantly in market share as well as consumer demand in the coming years as smartphone brands expand their presence across multiple overseas markets. OPPO, a trailblazer in this industry, is leading the way with innovative products and software enhancements that are reshaping the foldable smartphone landscape. As the market continues to evolve, OPPO remains committed to delivering exceptional user experiences and pushing the boundaries of what foldable smartphones can achieve. 

Launched on 29 August 2023 in the Chinese market, OPPO’s latest clamshell foldable, the Find N3 Flip, will also be arriving in global markets soon, further elevating the next generation of foldable smartphone innovation. 

For further updates from OPPO, please visit the OPPO Philippines’ official website at www.oppo.com.ph/ or its official Facebook page at OPPO Philippines.

iQor Qares Launches ‘Opening Doors to Education’ School Supply Donation

iQor Qares in the Philippines recently donated school bags and school supplies to elementary schools as part of an initiative to empower young students and create awareness about the importance of education. iQor Qares Philippines Foundation is a nonprofit charitable organization that supports iQor employees, their families, and their communities in need of financial assistance due to life-altering or catastrophic events.

The board of directors of iQor Qares Philippines Foundation and the steering committee worked together to gather donations from employees and enlisted the assistance of the senior leadership and human resources teams to pack the school bags. The administrative team delivered the school supplies, including notebooks, pencils, dictionaries, whiteboards, markers, modeling clay, rulers, and protractors, to the following schools:

• Angeles City, Pampanga – Cutcut Elementary School
• Mabalacat, Pampanga – Monicayo Elementary School
• Santa Rosa City, Laguna – Macabling Elementary School
• Dasmariñas City, Cavite – Paliparan 3 Relocation Site through the Kristong Hari Parish

“It was a wonderful experience having not only our senior leaders from the Philippines take part but also our chief operations officer and the other country leads from Trinidad, Colombia, and India all lend a hand to pack 500 school bags for distribution here,” said Kevin Murphy, vice president of operations. “Seeing the impact iQor Qares has had on so many really puts a smile on my face, and our team values what our organization is doing for employees and our community at the same time.”

Since early 2023, iQor Qares has provided financial assistance to iQor employees in the Philippines who have faced life-altering events and hardships. The organization also believes in giving back to the communities in which iQor operates, especially focusing on supporting public elementary school students and addressing the challenges many children face in accessing quality education.

“By rolling up their sleeves and actively engaging in the event, senior leadership exemplified the very essence of being an iQorian by setting a tangible and inspiring example for all employees. Their presence and participation sent a clear message that the company's values are not just words on paper but deeply ingrained in our actions,” said James Down, senior director of
operations.

“The ‘Opening Doors to Education’ project reflects our commitment to making education accessible and inspiring students to prioritize their learning. By offering school supplies, the initiative aims to alleviate the financial burden on families who struggle to afford basic educational materials. Moreover, it provides an opportunity for students to build their confidence and self-esteem. We hope that this project will inspire more people to contribute and initiate similar projects, ultimately creating a positive impact on education in the regions where iQor operates,” said Fleurette Navarro, chief people officer at iQor and chairperson of iQor Qares Philippines Foundation.

For more information or to donate, visit iQorQares.com. iQor Qares welcomes both one-time and recurring credit card donations from individuals worldwide. Additionally, iQor employees in the United States and the Philippines have the option to enroll in payroll donations. Every contribution is sincerely appreciated and plays a meaningful role in fulfilling the iQor Qares mission.

iQor is a value-driven global business process outsourcing organization committed to creating rewarding experiences and human connections. Employees enjoy flexible work-in-office and work-at-home positions. iQor has 17 contact centers in the Philippines archipelago spread across Luzon, Visayas, and Mindanao. Interested candidates are encouraged to visit https://apply.iqor.com.

D.M. Wenceslao Opens its Flagship Project Parqal in Aseana City

Parañaque City, Philippines – D.M. Wenceslao & Associates, Inc. (DMWAI) proudly unveiled its flagship project in Aseana City, Parqal, in a recent grand opening,  marking a momentous occasion for both DMWAI and the vibrant community it now calls home.

A attendees stepped into Parqal, they were greeted by a captivating blend of nature and entertainment. The atmosphere was filled with the joyous echoes of traditional Pinoy street games, offering a nostalgic nod to the rich cultural heritage of every Pinoy. Adding to the festivities, an array of enticing food stalls adorned the courtyard, presenting flavors that celebrated the diversity of Filipino cuisine.

The evening culminated with a spectacular free inaugural concert that left a lasting impression on everyone present. Pinoy rock artists such as Yeng Constantino, I Belong to the Zoo, MC Einstein, and rising P-pop groups—VXON, G22, and Yes My Love—took the stage, enchanting the audience with their electrifying performances.

Parqal goers can now explore a variety of establishments, with more to follow in the future. Notable names like Cafe Mary Grace, Dylan Gourmet Café, Dunkin', A1 Shabu Shabu, Chachago, Soy Yummy, Sarabia Optical, Anthony's Hair & Nails Studio, Open Source by BTB, Aquabest, Iconique, Akira Skin & Spa, Le Reale Muebles, Skinive Aesthetics and Wellness Spa, Security Bank, Levi's, and KidCo are ready to welcome visitors. Additionally, The Marketplace is set to open its doors on October 4, offering even more choices for an enriching Parqal experience.

Parqal is open from 10 AM to 9 PM every Monday to Wednesday and from 10 AM to 10 PM on Thursdays to Sundays.