Samsung has been in charge of leading the foldable segment for too long. For years, Samsung dominated the foldable landscape with little to no competition. But that changed in 2023.
While the company put in the work to improve the Galaxy Z Flip 5 with a bigger cover display, the Galaxy Z Fold 5 seemed to remain an afterthought. Fortunately, other smartphone manufacturers started rolling out more foldable phones globally this year, and now, Samsung’s aren’t the go-to choice anymore. There’s finally healthy competition and choice for folding phones, and I’m so here for it.
Finally, some real competition
Samsung started facing the heat from Google in June with the rollout of the Google Pixel Fold. It introduced a new form factor with a wide cover display and a horizontal aspect ratio on the inside. In my opinion, it isn’t an ideal form factor, especially with the weight and not having a vertical display on the inside. But it brought actual competition for the foldable phone market in the U.S. — a critically important task.
Honor showcased the slimmest and lightest foldable with the Honor Magic V2 in September, and it was a turning point for me. It lies in the middle of the Galaxy Z Fold 5 and Pixel Fold in terms of form factor. It solved the major design issues that were a norm for book-style foldables.
The Honor Magic V2 is closer to a slab phone in more than one way. It is thin enough to feel like a regular slab phone and weighs less than my then-primary phone, the iPhone 14 Pro Max. In fact, Honor made a whole new slim 5,000mAh battery for its foldable. Plus, It has a crease less than the other two Folds and packs a 20:9 cover screen, which is close to what you’d find on the Samsung Galaxy S23 Ultra or the iPhone 15 Pro Max.
While the Honor Magic V2’s global availability hasn’t been announced, it is slated to launch sometime in Q1 2024. It showcased what a book-style foldable can be and became a benchmark for design – at least for me. And it remains one even after the launch of the OnePlus Open (more on that below).
Additionally, we saw the return of Motorola Razr with the Motorola Razr (2023) and Motorola Razr Plus. The latter was arguably better than the Galaxy Z Flip 5, with a bigger cover screen and better battery life. Globally, Oppo had already rolled out the Find N2 Flip, which introduced a new vertical cover screen on the outside.
Samsung made a good comeback with the Galaxy Z Flip 5 in Q3, which brought a solid hinge and new cover screen but with the same dual camera setup and gutter-like crease in the middle. The Oppo Find N3 Flip solved both concerns with a triple rear camera setup that included a dedicated telephoto lens on a flip phone for the first time. Plus, the crease situation was much better than Samsung’s phones.
One phone beat Samsung at its own game
If the Honor Magic V2 had been released outside of China, it’d be my go-to recommendation for a book-style foldable. But OnePlus did what Honor couldn’t with its first big foldable, the OnePlus Open. It not only challenged Samsung but beat it in almost every way — despite undercutting it on the price.
Similar to the Honor Magic V2, the OnePlus Open features a 20:9 aspect ratio, which I consider ideal for this type of foldable. As a result of the slab-like cover screen, apps don’t misbehave, which is an issue on the Galaxy Z Fold 5 and Pixel Fold – whether with black borders or the app not being comfortable and displaying zoomed-in text on an irregular aspect ratio. But the OnePlus Open did two other things that no other folding phone has done yet.
First, It offered a camera setup that’s better and more versatile than any big foldable phone. At launch, it had some issues with tuning for the new Sony sensor, but it has only gotten better with updates. Plus, the 6x zoom feels straight out of a more traditional flagship phone.
Second, the crease is almost negligible. You can still feel it, but it’s notably less than the Samsung, Google, Honor, or Tecno foldables. You can’t see it 99% of the time, and for that 1% you can, you have to view it at a specific angle. It’s a non-issue.
The OnePlus Open also took multitasking to the next level with its Open Canvas feature. For the first time, you can now have three apps simultaneously on your screen, with each interaction just a tap away. When you use it, you realize how much you can accomplish on the big inner display. I can plan for my next story or my next trip with Chrome, YouTube, and Google Keep all open simultaneously.
The OnePlus Open is easily my favorite phone of the year that’s available globally.
2023 did something else for foldables
It’s no secret that folding phones come at an expensive price tag, and oftentimes, it’s the price that keeps consumers from jumping on the foldable bandwagon. But Tecno democratized the market by launching a book-style foldable and a flip phone at unbelievable prices.
The Tecno Phantom V Fold was launched at 79,999 Indian Rupees (INR), which translates to $960, less than most regular flagship phones. YouTuber Michael Fisher famously called it the “a fold at the price of a flip” – something Tecno used at its launch event.
The Phantom V Fold isn’t a bad foldable by any means. It offers a more useable cover screen and a lesser crease on the inner screen than the Galaxy Z Fold 5. There were obviously instances where Tecno had to cut corners. For example, the hinge is either at 90 degrees or 180 degrees flat, and the cameras aren’t something to boast about, but they’re workable.
As if that wasn’t enough, Tecno also launched a flip phone at 49,999 INR ($600), which brings it to a mid-range phone category, similar to the Motorola Razr launch price in the US. It is selling for 54,999 INR ($660) and still remains the cheapest flip phone on the market, slightly cheaper than the $700 Motorola Razr.
You might not get the fastest performance or the best cameras on these two flip phones, but they are democratizing foldables, which have long remained a novel pursuit. In 2023, folding phones aren’t something you have to splurge on, and that’s a big win for the form factor.
Folding phones are here to stay
In short, 2023 was an outstanding year for folding phones.
Samsung faced more competition than ever, which exposed its lazy approach with the Fold 5. Google entered the segment. Honor showed you can make foldables as slim and light as a slab phone. OnePlus led the form factor with great cameras, a near-creaseless display, and next-level multitasking. Oppo introduced a dedicated telephoto camera on a flip phone for the first time. Motorola and Tecno brought foldables to the masses.
That’s more activity in the global foldable market than we’ve seen in the last four years combined — since the launch of the first Galaxy Fold in 2019. I’m still amazed by having a 7.6-inch tablet-like display right inside my pocket that enables me to do so much more than a regular, non-folding phone.
I hope 2024 continues to be amazing for foldables and that Samsung pushes itself to make the Galaxy Z Fold 6 more than an iterative upgrade. This is the best year we’ve had yet for folding phones, and I can’t wait to see where the niche is another year from now.
Editors’ Recommendations
Services Marketplace – Listings, Bookings & Reviews