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Seven foldable smartphone manufacturers in China

November 01, 2023 | 10:26 |6363
The Chinese foldable smartphone market is experiencing rapid growth.The Chinese foldable smartphone market is experiencing rapid growth.
Source: chinadaily.com.cn

The Chinese foldable smartphone market is experiencing rapid growth, informs China daily.

Thus, according to market consulting agency IDC, in the third quarter of this year, shipments reached 1.96 million units. This is a 90.4% increase compared to the last year.

Moreover, the popularity of foldable smartphones is also gaining momentum.

The market shares of the seven largest foldable smartphone manufacturers in China for the first three quarters of this year were as follows:

No 7 – Lenovo – 2% market share

No. 6 – Xiaomi – market share 5.2%

No. 5 - Vivo - market share 12.7%

No. 4 - Honor - market share 15.1%

No. 3 - Samsung - market share 15.4%

No. 2 - Oppo - market share 17.9%

No. 1 - Huawei - market share 31.7%

Companies are setting trends and developing the foldable smartphone market. The following trends are noted for 2022: the folding smartphone is becoming thinner than the traditional one, and developments in this direction continue; the design is being improved - you can add creativity, especially for the folded appearance of the phone; no fold.

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