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Samsung could drop to second place in foldable phone market for Q1 2024: Report

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Samsung 55th shareholders meeting

Samsung is been leading the foldable phone market for decades and the tech giant has also worn the crown in Q4 2023 despite lower-than-expected sales of fifth-generation foldables. But now it seems like Samsung could drop to second place in the foldable phone market in Q1 and Q2 of 2024

According to the report of DSCC, Huawei is expected to overtake Samsung in the foldable phone market share for the first time in Q1 and Q2 2024 on the strength of the newly released Mate X5, Pocket 2, and the lack of new Galaxy products from the Korean tech giant.

In addition, Huawei is expected to drive the Q1 2024 foldable phone market to jump 105% Y/Y. However, Samsung is expected to regain leadership in the second half of 2024 and lead for all of 2024 with a large advantage over Huawei.

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In the quarter fourth of 2023, the foldable smartphone shipments rose by 33% on a year-on-year basis to 4.2M, which is the fourth highest total to date. Samsung led the market in Q4 2023 with even lower than expected sell-through of its Galaxy Z Flip 5 and Z Fold 5.

Whereas, Huawei and Honor each gained a share in Q4 2023. Among the top 10 best-selling models, there were four from Samsung, two each from Honor and Oppo, and one each from Huawei and Xiaomi.

The Samsung Galaxy Z Flip 5 remained the best-selling model followed by the Huawei Mate X4, the Honor Magic Vs2, the Galaxy Z Fold 5, and the Oppo Find N3 Flip.

Samsung foldable market Q1 2024

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These Galaxy devices support Samsung Wallet Digital Key [List]

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Samsung Wallet Digital key devices

Samsung Wallet is a secure app that helps Galaxy users store and manage digital items like payment methods, ID cards, and Digital Keys. Here you can check a list of Galaxy devices that support Samsung Wallet Digital Key feature.

Launched in June 2022, Samsung Wallet offers an easy-to-use interface, protected by Samsung Knox security, ensuring your information stays safe. One of the standout features of Samsung Wallet is the Digital Key, which lets you use your Galaxy phone to lock, unlock, and open your car’s trunk.

You no longer need to carry a physical key or even take your phone out of your pocket. The Digital Key works with Remote Keyless Entry (RKE) and ultra-wideband (UWB) technology to provide accurate and secure access to your vehicle.

Samsung Wallet Digital key devices

Eligible Galaxy Devices for Samsung Wallet Digital Key

Samsung Wallet’s Digital Key is available on several Galaxy devices running Android 13 or later. These include:

Galaxy S series

  • Galaxy S20 Ultra
  • Galaxy S20+
  • Galaxy S20
  • Galaxy S21 Ultra
  • Galaxy S21+
  • Galaxy S21
  • Galaxy S21 FE
  • Galaxy S22 Ultra
  • Galaxy S22+
  • Galaxy S22
  • Galaxy S23 Ultra
  • Galaxy S23+
  • Galaxy S23
  • Galaxy S23 FE
  • Galaxy S24 Ultra
  • Galaxy S24+
  • Galaxy S24
  • Galaxy S24 FE

Galaxy Note series

  • Galaxy Note 20 Ultra
  • Galaxy Note 20

Galaxy Z series

  • Galaxy Z Fold 2
  • Galaxy Z Fold 3
  • Galaxy Z Fold 4
  • Galaxy Z Fold 5
  • Galaxy Z Fold 6
  • Galaxy Z Flip 5G
  • Galaxy Z Flip 3
  • Galaxy Z Flip 4
  • Galaxy Z Flip 5
  • Galaxy Z Flip 6

With these devices, you can enjoy the convenience and security of using Samsung Wallet’s Digital Key to access your vehicle.

Moreover, Samsung Wallet also makes it easy to share your Digital Key with friends or family. You can grant or revoke access to your car quickly, all through the app.

If you lose your phone, you can use Samsung’s Find service to lock or delete your Digital Key to ensure your car remains secure. To add extra protection, the app requires either biometric or PIN authentication before granting access to the Digital Key.

Samsung Wallet brings digital key support to Audi vehicles

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Samsung Galaxy S23 FE gets security boost with November 2024 update

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Samsung Galaxy S23 FE November 2024 update

Samsung Galaxy S23 FE smartphone users are getting a fresh update with a November 2024 security patch. This update boosts system security and stability to provide a better experience.

November 2024 security update for Samsung Galaxy S23 FE smartphone arrives with One UI build version S711NKSU5BXK4. The update is currently rolling out in South Korea and will soon be available in more countries.

This fresh update is based on Android 14 and One UI 6. However, the devices is eligible for the next major One UI update, expected to get a One UI 7 stable update after the Galaxy S25 launch next year. It is not clear yet whether the device will get One UI 7 beta.

Samsung Galaxy S23 FE November 2024 update

While Samsung is going to release One UI 7 Beta soon, it is important to make your Galaxy S23 FE smartphone ready for it. For that, you need to install the latest November 2024 security update on your smartphone.

Notably, the latest security patch addresses 52 vulnerabilities across Android and Samsung’s software. Google has resolved 38 high-priority issues, while one CVE is not relevant to Galaxy devices.

Additionally, Samsung’s patches include fixes for 13 vulnerabilities, primarily impacting user profiles, Dex Mode, Galaxy Watch, and certain system features like Settings and Maintenance Mode.

If you are using a Galaxy S23 FE smartphone, install the update now via Settings >> Software Update >> Download and Install.

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Samsung boosts collaboration and safety with expanded Mobile Security Rewards Program

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Samsung security program

Samsung has improved its Mobile Security Rewards Program by increasing the maximum reward amount to $1 million for security vulnerability reports from outside security experts. This change aims to encourage more collaboration and openness in mobile security, showing Samsung’s goal of keeping user data safe.

Since its launch in 2017, the program has introduced a new system for classifying security risks with Samsung Mobile Security Risk Classification. This system now offers clearer details about different types of vulnerabilities

Moreover, it includes new factors like the ability to lower a threat’s severity and a classification for threats considered to be minimal risks. Vulnerabilities are grouped into five levels – Critical, High, Moderate, Low, and Ineligible, which helps security researchers understand how serious each threat is.

Samsung security program

The program applies to all Samsung mobile devices that receive monthly, quarterly, and biannual security updates. It also rewards reports of potential security issues in the latest Samsung Galaxy services, such as Bixby, Samsung Account, and Samsung Wallet, among others.

Samsung also commits to providing up to seven years of security updates for its mobile devices. The updated rewards program includes a special initiative called the Important Scenario Vulnerability Program, which addresses serious security issues, such as unauthorized access to data and harmful code execution.

In August 2024, Samsung released its first Annual Rewards Program Report to highlight its success since the program began. In 2023 alone, Samsung awarded over $800,000 to 113 researchers, with total payouts exceeding $4 million. This Mobile Security Rewards Program is effective immediately.

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