Skip to playerSkip to main contentSkip to footer
  • 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?

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
Transcript
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]

Recommended