Oppo and vivo came out with a sad claim today. Chinese brands, which come up with stylish and powerful models such as vivo X Fold 2 and Oppo Find N3, may be withdrawing from the foldable phone market? So why? Let’s go into the details of the news.
vivo and Oppo share their share in the foldable phone market
Foldable phones, which entered our lives a few years ago, did not attract as much attention as expected. Oppo joined the foldable phone market, which is still not widely seen in the market, in 2021. Vivo, which launched its first model in 2022, has been in this market for about two years. In fact, companies that produce extremely stylish models in terms of design and features may soon completely withdraw from the foldable phone market.
A leak from a South Korean source says that vivo and Oppo have decided to withdraw from the foldable phone market. Brands that have been selling, especially in China, since the first phone they produced have not been able to achieve the success they wanted. Vivo and Oppo, which experienced decreases in their shares in the foldable phone market last year, will make an official statement in the coming days.
On the other hand, if we take a look at the foldable phone market, we can say that Samsung still holds the leadership. Samsung, which took the lead with 66 percent in 2023, does not yet have a major rival like Apple in this field. However, the Z-shaped trifoldable phone that Huawei is working on may change the balance of the market.
What do you think about foldable phones? Do you think foldable phones will increase in the market in the coming years? Or will people resist buying these phones? You can express your opinions in the comments.
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