Huawei Dominates China’s Foldable Phone Market with a massive 47.4 percent of foldable phone market share

[beijingwalker]

Huawei Dominates China’s Foldable Phone Market with a massive 47.4 percent of foldable phone market share​

By Sean
Jan 30, 2023

Earlier today (30th January 2023), IDC shared a new report that revealed key details regarding the foldable smartphone market in China. Huawei has seemingly dominated this segment, so let’s have a look.

The foldable smartphone market in the region shipped more than 3 million units in Q4 2022, which marked a sizeable 118 percent rise year on year. Furthermore, the foldable phone category also saw an overall rise in the overall smartphone market, rising from 0.5 percent in 2021 to 1.2 percent in 2022. During this time, Huawei took the throne with a massive 47.4 percent of foldable phone market share. This meant that the Chinese tech giant accounted for almost half of all handsets with a flexible screen that were sold in the region.

The company was able to grab such a high market share thanks to a number of its models including the Pocket S, Mate Xs 2, the P50 Pocket, and even the Mate X2. Meanwhile, Samsung took the second spot in the market with a 16.5 percent market share. The brand saw great sales with its Galaxy Z Flip 3, Galaxy Z Flip 4, Galaxy Z Fold 3, Galaxy Z Fold 4, Galaxy W23, and even the Galaxy W23 Flip as well.

Lastly, another Chinese brand, Oppo, rounded of the top 3 on the list with a 13.8 percent market share. Interestingly enough, the company managed to come in third with just one foldable phone model sold during this period, with the device in question being the Find N. The IDC report also added that the companies that saw great sales in this segment followed the ‘vertical folding + horizontal folding’ formula. Meaning, they sold a clamshell folding and a notebook style folding phone.

Huawei Dominates China’s Foldable Phone Market While Oppo Ranks Third - Gizmochina

Earlier today (30th January 2023), IDC shared a new report that revealed key details regarding the foldable smartphone market in China. Huawei has seemingly dominated this segment, so let’s have a look. The foldable smartphone market in the region shipped more than 3 million units in Q4 2022...

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