Counterpoint's market analysis indicates a significant 27% growth in the Chinese foldable smartphone sector in 2024, demonstrating improved consumer acceptance despite foldables comprising only 3% of overall sales. Huawei remains dominant, capturing over 50% of the market, with the Mate X5 and Mate X6 leading sales in book-type foldables. Honor also stands out with double-digit market share through its Magic Vs2 and Vs3 models. As innovations make foldables lighter and more appealing, a broader consumer base, including women, is emerging in this competitive landscape.
Counterpoint's analysis reveals that the Chinese foldable smartphone market experienced a noteworthy 27% growth in 2024, signaling increased consumer interest and market competition.
Huawei leads the Chinese foldable market, accounting for over half of sales, with the Mate X5 and Mate X6 being top sellers in the book-type category.
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