The market shares of companies in the foldable phone market have been revealed. In the foldable phone market, which recorded 114.5 percent growth in 2023, Chinese companies managed to grab the top positions. Here is the ruler of the foldable phone market.
Huawei became China’s best-selling foldable phone brand!
We can say that foldable phones have just entered our lives. Although not everyone has it yet, sales figures show that foldable phones are in demand. Making statements about China’s foldable phone market today, IDC reported that the annual shipment number is more than 7 million. It was reported that the best-selling brand in China is Huawei. So, what is the place of brands such as Samsung and Oppo Honor in the market?
According to data in China, Huawei became the leader of the said market with a share of 37.4 percent. While Oppo ranked second on the list with 18.3 percent, Honor was right behind Oppo with 17.7 percent. Samsung, known as the world’s largest player in the smartphone market, ranked fourth in the market with a rate of 11 percent. Oppo’s sister company vivo became the fifth best-selling brand in China with 9.7 percent. So who is in the last two places?
Although Xiaomi is as good as Samsung in many areas, it still seems to have not achieved the success it wanted in foldable devices. Xiaomi, which ranks sixth on the list with a market share of 4.6 percent, is just ahead of Lenovo, which has a share of 1.4 percent. IDC, which made a general analysis of all devices, says that devices over $ 1000 make up 66.5 percent of the market.
For now, this is the position of the brands in the mentioned market in China. Huawei seems to dominate the market in China, which is the birthplace of all devices. This is an indication of how popular Huawei Mate X models are. Which do you think is the best foldable phone? You can express your opinions in the comments.
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