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Samsung is apparently going through a period of increased demand, both current and forecast, for its foldable phones like the Galaxy Z Fold 3 or Flip 3 because it will increase its foldable screen production capacity by almost 50%, reports elec.
Its subsidiary in charge of producing displays, Samsung Display, has reportedly announced its intention to increase the production lines of foldable displays at its Vietnamese factory from 7 to 10 next year, in order to “expand its capacity of production of foldable screens, ”according to insiders.
Samsung predicts that its Fold and Flip shipments will hit 13 million next year, so it will need significantly more screen production capacity, as that is a big bump from the 8 million it predicted. ship in 2021. The production target for 2022 is set at 18 million, including 14 million for Samsung Electronics and its foldable phone lines.