Meritz Securities analyzed on the 23rd that Pine M Tech is expected to make another leap forward in 2025.
Yang Seung-su, a researcher at Meritz Securities, stated in a report on the same day, “For domestic smartphone clients, lineup expansion is being prepared for the first time since the launch of the Z Flip in 2020,” adding, “The release of 3 to 4 smartphone models and 1 tablet model is expected. Although domestic client foldable smartphone shipments are expected to decline this year, growth is anticipated to recover in 2025 due to lineup expansion and the effect of new model releases.”
Researcher Yang also said, “As of the second quarter of this year, foldable smartphone shipments in China reached 2,571,000 units, growing 104.6% year-on-year, maintaining high growth in line with market expectations,” and forecasted, “With the increase in shipments of high-end smartphones in China, foldable smartphone shipments in China are expected to continue growing from 7 million units in 2023 to 12 million units in 2025.”
He added, “Finally, it is judged that North American set manufacturers are highly likely to enter the foldable smartphone market around 2026 to 2027.”
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