IDC: Huawei obliterates competition in China’s foldables market | Infinium-tech

IDC posted its latest report on the foldable market in China, and it shows Huawei dominating the last quarter of 2024. Of the 2.505 million shipped units, 48.6% were made by the Shenzhen-based company, while Honor was in second place. 20.6% market share.

However, interest in foldables appears to be waning, as shipments were down about 10% compared to the same period 12 months ago.

Shipments of foldable phones in China (blue) and year-on-year changes (yellow)

The Q4 2024 period saw a decline in shipments of foldables for the first time since tracking the segment began nine quarters ago. IDC reported that with phones becoming thinner and lighter and companies coming out with larger batteries and less visible creases, customers are not as eager to buy foldables.

Users are still wary of the high price; Only beginner users buy this type of smartphone. IDC said it has become harder to appeal to such niche consumers, and companies need to do more in terms of technological advancements.

Market share of foldable phones in China, Q4 2024

Huawei’s dominance in the market is dictated by the fact that the company has the widest portfolio of products despite all its competitors being foldable in the two most popular form factors.

the affordable Nova Flip Clamshell and its more expensive alternative the Pocket 2; The Mate

through (in Chinese)