IDC: Huawei crushes the foldable phone competition in China

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Huawei is not just dominating the foldable market in China – it is extending its lead. In the final quarter of 2024, Huawei shipped 2.506 million units for a 48.6% market share, per IDC data. Now analysts are reporting that Huawei has shipped 2.842 million units in the first quarter of this year for a controlling 76.6% market share.

This is an impressive growth of 53.1% year-on-year and a great rebound of the Q4 number, which was actually a 9.5% drop year-on-year.

Huawei’s growth in the foldable market comes at the expense of other makers. The biggest loser here is Honor – it went…

​ Huawei is not just dominating the foldable market in China – it is extending its lead. In the final quarter of 2024, Huawei shipped 2.506 million units for a 48.6% market share, per IDC data. Now analysts are reporting that Huawei has shipped 2.842 million units in the first quarter of this year for a controlling 76.6% market share.

This is an impressive growth of 53.1% year-on-year and a great rebound of the Q4 number, which was actually a 9.5% drop year-on-year.

Huawei’s growth in the foldable market comes at the expense of other makers. The biggest loser here is Honor – it went…   Read More GSMArena.com – Latest articles 

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