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China Daily | Tech Asia: Folding phone phenomenon
The Star
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2 years ago
Folding phones have become one of the most popular products in the Chinese phone market. What does this trend tell us about the future of folding phones?
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00:00
This is the Oppo Find N2 Flip, and you probably can't buy it.
00:04
It's a folding phone and part of a growing list of high-end, China-exclusive folding phones.
00:10
This doesn't happen in any other phone market.
00:14
What does this trend tell us about the future of folding phones?
00:17
I'm Alfie from Techasia. Let's dive in.
00:20
Five years after Samsung launched the first folding phone,
00:29
these gadgets have remained fragile and costly.
00:32
This has meant that foldables have been slow to pick up steam around the world.
00:36
And why would you want a folding phone in the first place?
00:38
(speaking in foreign language)
00:42
(speaking in foreign language)
00:46
The technology is really exciting.
01:11
And a recent report from the analyst firm CounterPoint seems to agree with me.
01:15
Foldable sales are up worldwide, but nowhere near as much as in China,
01:20
which has more than doubled its foldable sales since last year.
01:23
Five out of the eight companies currently producing folding phones today
01:28
sell them exclusively in China.
01:29
That might be a clue to understanding what makes China's phone market unique,
01:33
but best to ask the experts.
01:36
My name is Momo. I'm based in Beijing.
01:39
I'm an analyst at CounterPoint Research Technology.
01:43
In global markets and in China, the smartphone volume is going down,
01:48
but the premium market is actually increasing
01:51
because we think that premium smartphone users
01:55
are more immune to economic downturns.
01:58
Foldable smartphones is an important subsegment of the premium phone.
02:04
So China is the home to the world's largest smartphone makers.
02:09
China has a very mature manufacturing ecosystem,
02:12
and then the supply chain is very good.
02:15
That enables them to make cheaper foldable smartphones,
02:19
which is, I think, the key in foldable smartphones
02:21
because foldable smartphones are still considered very expensive.
02:24
In China, it's just like you have a lot more products.
02:27
When you have a lot more products,
02:28
the mindshare for these foldable devices are rising,
02:31
and that would promote more people to purchase it.
02:34
Some Chinese phone makers, like Honor,
02:36
have announced that they wanted to sell their foldables in other markets.
02:39
Which ones do you think will be the most impacted?
02:42
I'll have to mention North America
02:43
because North America is one of the biggest markets for premium brands.
02:48
And one of the other regions that we think will have strong growth potential is ASEAN.
02:53
So the major countries are like Thailand, Malaysia, Philippines.
02:59
It has a very young customer base as compared to Japan or Korea.
03:05
And with young customers, they want to try new innovative products.
03:09
Chinese OEMs have had a very strong presence in these areas.
03:14
I think ASEAN is actually a key region for foldable smartphones in the near future.
03:22
As folding screens become more accessible to more manufacturers,
03:25
it seems likely that the competition will heat up in other markets as well.
03:29
And here's something you can do with that fancy folding phone.
03:32
Book a doctor's appointment.
03:34
Digital healthcare came to the fore as physical appointments were halted during the pandemic.
03:38
These services have a potential to reduce inequalities
03:41
by making access to healthcare universal if they are implemented properly.
03:46
But many countries have found rolling out these services expose more challenges than expected.
03:53
Hello, everyone. My name is Mehma Zeretika,
03:55
and I am a contributor for the Daily Star tech and startup.
03:58
And I'm here to talk about the challenges that unravel behind the healthcare gap in Bangladesh.
04:03
Could you just present what we mean when we say digital healthcare?
04:07
What does it comprise? Digital healthcare refers to the telemedicine services in Bangladesh
04:11
that the patients all across the nation can get right from their home,
04:15
whether it's appointment with doctors or online appointments for online medicine to their homes.
04:21
Could you present kind of the hurdles that are being faced when trying to establish these kinds of services?
04:26
So the telemedicine sector of our country is at a pretty ambiguous state.
04:31
When we try to reach out to specialized surgeons, we have to use multiple different apps.
04:35
And for online medication systems, there's barely any alongside the one or two verified online medical services.
04:43
The biggest issue is not just the urban areas,
04:46
but also the rural people who have Internet connectivity issues in our country still.
04:50
For that, we need digital healthcare booth setups where people can access the urban doctors
04:55
and not be having an unequal treatment provided to them just because of the distance that they're having.
05:01
As a user of these apps, is it frustrating to not be able to find, for example, a physician that you're looking for?
05:06
Yes, of course. It's definitely frustrating.
05:08
For example, I can't really find my community healthcare provider in one of these apps.
05:13
If I have to reach out to any of the doctors, I would have to explain my entire history to them.
05:17
However, there are advancements that are being made in this sector that bridge that gap.
05:22
There are institutions like Arupco that provide online medications delivered to your homestead,
05:27
and such institutions are developing and expanding on their telemedicine services.
05:32
So it's definitely on the way.
05:34
What are some of the risks that can come up with these kinds of deployments?
05:37
So data concerns and privacy safety issues are one of our biggest frightening points to look for.
05:44
Since these companies could potentially use and sell the data in various illegal frameworks and ways that we do not want,
05:51
we would have to establish a very strict regulatory framework in order for the technological advancements
05:57
in our healthcare sector to function properly as intended.
06:00
All right.
06:01
Thank you so much.
06:02
All right.
06:03
That's all for this week's Tech Asia.
06:05
I've been Alfie. Join us next week for a showcase of tech's impact on Asia.
06:09
[BLANK_AUDIO]
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