Overview:
Global foldable shipments fell 15% YoY in Q4 2022 to 3.46 million units due to high inventory levels from a surge in shipments in Q3 2022. The overall smartphone market faced a slowdown in demand in Q4 2022, with total sell-in volumes falling 19% YoY to 302.6 million units during the quarter. Despite this, the global foldable market grew by a strong 43% YoY in the full-year 2022.
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