Image: NYP
Since the iPhone was introduced in 2007, smartphones with one big rectangular touchscreen have dominated the cell phone market.
But flip phones are making a comeback – especially among the youth. According to data reported by ZDNet, online searches for flip phones among Gen Z and younger Millennials increased 15,369% from November 2022–November 2023.
Driving the trend… Experts point to nostalgia, a desire to escape content overload, and that satisfying feeling you get from flipping the phone shut to hang up a call. But a big part of this trend is also being driven by novelty, aka companies leaning into producing retro-style flip-phones and foldable smartphones (which are lumped together data-wise).
Plus, more big-name smartphone companies are channeling the sixth man in basketball – currently sitting on the sideline, but about to enter the game. The biggest example? Apple, which is rumored to be working on its own foldable iPhone for 2026.
👀 Looking ahead: The latest data from IDC pegs worldwide shipments of flip and foldable phones in 2023 at 21.4 million units, a more than 50% increase from the year before. By 2027, that figure is expected to reach 48.1 million units.
🏬 Ingka Group, the operator of most IKEA stores worldwide, is making a big push to buy malls, betting it can rejuvenate them with its unique format and approach.
✈️👝 United Airlines is raising its checked baggage prices on flights in North America, joining Alaska Airlines, American, and JetBlue on the list of airlines that have raised bag prices so far this year.
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