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Out with the Old, In With the Fold

Published in Forbes Africa. Smartphones have been stuck in the same groove for years, until the recent unveiling of folding screens. Are these devices, starting at a nifty $2,000, and that you would likely fold a 100 times a day, durable? 

A visitor takes pictures of TCL’s DragonHinge foldable products at the Mobile World Congress (MWC) in Barcelona on February 27, 2019. – Phone makers will focus on foldable screens and the introduction of blazing fast 5G wireless networks at the world’s biggest mobile fair as they try to reverse a decline in sales of smartphones. (Photo by Josep LAGO / AFP) (Photo credit should read JOSEP LAGO/AFP/Getty Images)

It’s no secret that the mobile phone industry has been stagnant for some time now. Consumers are overwhelmed with similar hardware being released every couple of months, making purchasing decisions more difficult. But why are these faster, thinner and lighter smartphones not cutting it anymore?

Tech giants Apple and Samsung have both felt the pinch from shrinking sales in 2018. In a letter to investors early 2019, Apple CEO Tim Cook warned of weak earnings as a result of too many new products; a strong US dollar; and economic weakness in emerging markets, which resulted in, “fewer iPhone upgrades than it had anticipated”.

Continue reading here: https://www.forbesafrica.com/technology/2019/05/25/out-with-the-old-in-with-the-fold/

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