Foldable smartphones have been making waves in the tech world with impressive designs and enhanced durability. Brands like Honor, Samsung, and Google have been pushing the boundaries in terms of usability and form factor, offering sleek devices with expansive foldable screens that mimic the experience of reading a book.
Samsung recently teased a tri-fold device with a tablet-style display, hinting at the evolution of foldable technology. Speculations suggest that Apple might also introduce its first foldable iPhone soon, indicating a growing trend towards foldable devices.
Despite the excitement surrounding foldables, there’s a cautionary note when it comes to their resale value. According to SellCell, foldable phones tend to depreciate faster than traditional smartphones. Within the first six months of release, foldables can lose up to 15.4% more in value compared to non-foldable flagships.
SellCell’s data reveals that foldable devices, particularly from Samsung, experience significant value drops shortly after launch. Factors contributing to this rapid depreciation include the novelty of foldable technology, higher repair costs for foldable screens, and the perceived reliability and ease of use of traditional smartphones.
While foldables represent the future of technology, they are still in the early stages in terms of value retention. Consumers should be mindful of the potential depreciation when considering purchasing a foldable device, as they may not hold their value as well as traditional smartphones in the long run.