The outlook for the smartphone market in 2022 is grim, with every Android vendor dealing with a sharp decline in sales, but folding phones will be a bright spot this year, with sales expected to top 16 million units, up 73% year on year.

According to a new prediction from Counterpoint Research,The global fold-screen smartphone market is set to grow 73 per cent to 16m units this year from 9m last year.

The surge in fold-screen phones is due to resilient high-end markets and steady demand, which have defied economic headwinds to achieve strong growth.

The trend is set to continue, with Counterpoint predicting strong growth next year as well, predicting that foldable phones will grow to 26 million units by 2023.

In addition, the sales of fold-screen mobile phones can soar, but also related to the gradual decline in price, before the price is generally more than 10,000 yuan, even as high as 20,000 yuan, this year less than 10,000 fold-screen mobile phones more and more.

A few days ago, Lenovo also directly announced the price of its fold-screen phone Moto Razr 2022, which was just released today. It is only 5,999 yuan, which is a new low for fold-screen phones.

The Moto Razr 2022 has a 6.7-inch screen of the same size and ratio as the iPhone 13 Pro Max. It supports up to 144Hz refresh rate, 1 billion color display, DC dimming, dual SGS low Blu-ray/low drag certification, and HDR10+.

In addition to the flagship Snapdragon 8+ processor, the Moto Razr 2022 will feature a third-generation orbiting axis, X-axis motor, Dolby dual speakers, and support 19 5G and 27 4G bands.

Tonight's Lei Jun annual speech, Xiaomi's new generation of folding flagship MIX Fold 2 will also be released,Prices are not expected to be much higher, with guesses starting at 8,499 yuan.