Huawei Dominates China’s Foldable Phone Market with 68.9% Share!
Huawei continues to lead the Chinese foldable phone market, holding a commanding 68.9% share according to IDC’s latest report covering Q1-Q3 of 2024. Honor follows closely in second place, contributing an impressive 11.2% market share. As demand for these innovative devices surges, Huawei's dominance is evident and unchallenged.
The Chinese foldable phone market saw a remarkable growth trajectory with shipments reaching 2.63 million units during Q3 of 2024, marking an impressive 17.8% year-over-year increase. Over the first nine months of this year, total shipments have surged to 7.62 million units, representing a 14.3% annual growth rate.
Market Dynamics
The rise of Huawei’s foldable devices has not only solidified its position but also attracted major competitors like Samsung into the fr...









