IDC: Huawei crushes the foldable phone competition in China | Infinium-tech
Huawei is not only dominating the foldable market in China – it is increasing its lead. In the last quarter of 2024, Huawei sent 2.506 million units for 48.6% market share, per per IDC data. Now analysts are reporting that Huawei has sent 2.842 million units to control 76.6% market share in the first quarter of this year.
This is a large rebound of 53.1% year-on-year and Q4 number, which was actually a 9.5% drop year-on-year.
Huawei’s growth in the foldable market comes at the cost of other manufacturers. The biggest losing honor here is – this Q4 20.6% stake in 2024 to just 9.1% in Q1.
This keeps it slightly above Oppo, which is responsible for 7.1% of the foldable phone sent to China. While Huawei’s advantage is not as impressive, Oppo also increased considerably – it was only 5.3% in Q4. The third place was related to Vivo, which is no longer on the chart. The share of Xiaomi also shrinks to a large extent from Q4 to Q1 (7.4% to 2.6%).
To be fair, Xiaomi and Vivo have not released new foldables since early/mid 2024. Oppo’s first foldable since 2023 came only a few months ago (find N5 on February this), so its effect will probably not be felt until Q2.
Last year, Huawei first launched a TRAI-foldable (Met XT ultimate), a book-style foldable (Met X6) and two flip phones (Pocket 2 and Nova Flip). This year, it closed things with a bizarre but innovative model (Pura X).
For the overall smartphone market in China, it is led by Vivo, while Huawei is pointed on Apple’s heel.
Source (In sugar)
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