Foldables could be a potential bright spot in a gloomy 2023

Smartphone makers need to tread carefully in their hunt for elusive growth opportunities this year.
The overall market is expected to shrink again in 2023, according to IDC, which predicted earlier this month that continued weak demand in the first half will result in global shipments falling to 1.19 billion from 1.2 billion in 2022. A proper recovery isn’t expected until 2024.
However, there are expected to be some bright spots shining through all the gloom. The analyst firm predicted on