Counterpoint performed a market evaluation of the Chinese language foldable smartphone market and recorded regular progress in 2024. Although foldables signify solely 3% of all smartphone gross sales within the nation, the 27% progress in comparison with 2023 is fairly spectacular.
China can be probably the most aggressive foldable market, as many producers promote their foldables solely there. Even so, Huawei solidified its first place as greater than half of gross sales in China have been Huawei telephones. The Huawei Mate X5 and Mate X6 are the best-sellers within the book-type foldables class whereas the Pocket 2 and Nova Flip are probably the most wanted clamshell-type handsets.
Apparently, Honor is the one different producer with double-digit market share with its extremely profitable Magic Vs2 and Vs3.
The analysis additionally discovered that 67% of the customers choose the book-type type issue.
Analysts say that foldables are not unique to fans and male customers. With developments within the subject permitting for extra light-weight and compact units which can be extra sturdy and provide higher cameras, common customers and girls have began to see the attraction, therefore the continued fast progress of the moderately area of interest market all through the previous few years.
