Low capacity utilization and unsalable products make it difficult for Royole Technology to solve its performance loss problem

However, according to industry insiders, the sales of Flex Pai, the foldable screen mobile phone independently developed by Royole, have not been optimistic, and the shipment volume is far behind that of mainstream mobile phone manufacturers. At the same time, the product is evaluated by the industry as "immature and not very practical".

It is worth noting that in 2021, with the entry of more terminal manufacturers, the competition in the foldable phone market will become more intense. According to reports, Samsung will launch four foldable screen mobile phones this year, including ordinary and high-end foldable smartphones. The price of the ordinary version may be more affordable, aiming to expand the target group of foldable screen mobile phones. Apple, Google, Xiaomi, OPPO, vivo and other terminals are also expected to launch their own foldable screen mobile phones. Under the pressure of Samsung, Huawei, Xiaomi and other mobile phone manufacturers, it is still unknown whether Royole Technology products can stand out in the fierce market competition.

Overall, although Royole Technology has received multiple rounds of financing, its net profit continues to be in the red due to its weak profitability, resulting in negative cash flow from operating activities. In the future, if Royole Technology cannot improve its capacity utilization and commercialization capabilities, its future development will be unsustainable.