Counterpoint: China will account for more than 50% of global foldable smartphone shipments in 2024

Counterpoint: China will account for more than 50% of global foldable smartphone shipments in 2024

China is the world’s largest and most important foldable smartphone market, and is expected to account for more than 50% of global foldable smartphone shipments in 2024. It is necessary to understand emerging trends in the Chinese market because they have far-reaching impacts around the world.

Trend 1: Slowing growth

China's foldable smartphone market has been growing rapidly since its inception, but the current growth rate is slowing down. In 2024, China's foldable phone shipments are expected to reach 9.1 million units, a year-on-year increase of 2%, in stark contrast to the triple-digit year-on-year growth in previous years. In order to attract more consumers and promote wider adoption, innovation and more compelling use cases will be essential.

Trend 2: Book-type foldable phones are better than flip phones

In the foldable smartphone category, book-style foldable phones outperformed flip-style foldable phones, mainly because book-style foldable phones offer a wider range of use cases. In response to this trend, OPPO and vivo have discontinued flip phones this year. However, Xiaomi bucked the trend and launched its first flip phone, Mix Flip, in July, which received a warm response from the market.

Trend 3: Huawei continues to maintain its leadership

Huawei maintains its leading position in the Chinese foldable phone market, accounting for about half of all foldable phone shipments. Huawei's latest products, including the X6 and the groundbreaking triple-screen phone, will further boost its shipments and consolidate its market position. The tri-fold phone is a bold step forward in both design and functionality, pushing the limits of foldable technology.

Despite a slowdown in China's foldable smartphone market, the foldable segment remains a bright spot in a saturated smartphone market.

<<:  Market research agency: Huawei and Xiaomi take the top two spots in the latest ranking of new phone activations in China's mobile phone market in Q4 2024

>>:  RivalIQ: Social Media Industry Benchmark Report 2024

Recommend

Best time for pelvic recovery after childbirth

From the moment a woman becomes pregnant, her bod...

How many follicles are considered polycystic ovaries

I don’t know if there are follicles in women’s ov...

Apple yogurt diet, lose 15 pounds easily!

The apple yogurt diet is one of many ways to lose...

What are the benefits of eating pig heart for women

The main benefit of eating pig heart for women is...

What snacks are good for girls?

I believe there is no girl who doesn’t like snack...

How to treat breast ductitis

Some people call mastitis plasma cell mastitis, d...

What to do if you always feel like vomiting during pregnancy

Feeling like vomiting during pregnancy is a commo...

How to recover from tailbone pain after normal delivery

The pain in the coccyx caused by choosing natural...

Picture of fetus at 9 weeks of pregnancy

Women will undergo great changes during pregnancy...

How should children prepare for an MRI?

News from the Medical Industry (www.cnzhilian.com...

Dreaming about my daughter's long hair being cut into short hair

What does it mean to dream about your daughter...

How to treat women's fear of cold?

Many girls always have a symptom of being afraid ...

I can’t sit for a long time, can’t I just stand?

Sitting in the office or classroom for a whole da...