Technology
According to research, India will probably sell 1 million foldable smartphones by 2026
According to new data released on Monday, India currently sells close to 3,000 units of foldable smartphones annually, with sales expected to reach 10,000 units by 2026.
According to market research firm CyberMedia Research, the number of foldable smartphone shipments in the nation is predicted to increase 20 times by 2026, or by approximately 64% CAGR (CMR).
With Samsung at the forefront, sales of foldable phones have increased four times since 2020 in the nation, with the Fold device capturing 61% of the market and the Flip model reaching 39%.
According to TM Roh, President and Head of Mobile Business at Samsung, this rapid growth will persist.
You “will see that the impact of our innovation is not only about what technology can do,” he claimed, referring to the upcoming “Galaxy Unpacked” event on August 10.
The Galaxy Z Flip 4 and Galaxy Z Fold 4 next-generation foldable smartphones are anticipated to be unveiled at the online “Galaxy Unpacked” event.
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.jpg "SpiceJet announces 8 new flights to connect Jaipur with Varanasi, Amritsar and Ahmedabad")
SpiceJet expands its domestic network with 8 new flights that will connect Jaipur with Varanasi, Amritsar and Ahmedabad and also link Ahmedabad with Pune.
SpiceJet is further expanding its domestic network with the launch of eight new flights starting November 15.
In the statement released on Wednesday, the airline announced that these new routes will connect Jaipur with Varanasi, Amritsar and Ahmedabad, while also linking Ahmedabad with Pune. This expansion follows the recent launch of 32 new flights in October 2024, including two international flights connecting Delhi with Phuket.
Last month, SpiceJet also commenced UDAN flights linking Shivamogga in Karnataka with Chennai and Hyderabad, and introduced double daily flights between Chennai and Kochi, enhancing connectivity across key regional and metropolitan cities.
“We are excited to announce the launch of new flights from Jaipur to Varanasi, Amritsar, and Ahmedabad, as well as from Ahmedabad to Pune, providing our passengers with greater flexibility and convenience,” SpiceJet Chief Business Officer Debojo Maharshi said.
“These new flights reflect our commitment to supporting passenger demand across tier-II cities and beyond. With our expanded winter schedule, including international and UDAN routes, we aim to provide our customers with greater convenience, affordability, and seamless travel experiences,” Maharshi added.
SpiceJet will deploy its 78-seater Q400 aircraft in these sectors. Bookings for the new flights are now open and tickets are available at the website of the airline, SpiceJet’s mobile app and through online travel portals and travel agents.
On Monday, the airline received a significant boost, with Acuite Ratings & Research Limited upgrading its long-term rating by four notches to ‘B ‘ and its short-term rating to A4. The rating agency has also assigned a ‘Stable’ outlook to the airline.
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