Samsung Sees Significant Adoption of Foldable Smartphones as Enterprise Demand Doubles

Units of Galaxy foldable smartphones shipped to businesses more than doubled as interest from the financial services community drove higher adoption

Samsung Electronics Co. Ltd. today announced 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.[1]

With foldable smartphone shipments expected to reach 16 million units worldwide[2] – an increase of 73% year on year – the form factor is