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Foldable Smartphones Growing Exponentially in India: Samsung’s Mobile Business Head TM Roh

Gurugram, July, 2024. India is one of the biggest smartphone markets in the world, and continues to be very important for Samsung, said a senior executive of South Korean major Samsung Electronics. Nearly 80% of smartphones sold in India are priced below INR 30000, but more consumers are adopting premium smartphones, driving the growth of niche products such as foldables.“The Indian market is one of the markets where foldables are growing exponentially. At the center lies Galaxy foldables. We expect the market demand to grow this year and we have high expectations about the Indian customers adopting the new Galaxy Z Flip6 and Galaxy Z Fold6 with incorporation of Galaxy AI that are optimized for foldables,” said TM Roh, President and Head of Mobile Experience Business, Samsung ...
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