Foldable Smartphone Market Surges 49% in 2024, Huawei Overtakes Samsung

Samsung's sales dropped by 42%, losing its leading position in the market.

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Samsung's market share fell to 23%, while competitors gained significant ground.

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Huawei experienced a 257% growth, capturing 35% of the market share.

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Growth in the Chinese market and the launch of the Mate X5 - 5G contributed to Huawei's success.

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Honor saw a 460% increase in sales, achieving a 12% market share.

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As competition intensifies, it remains to be seen how Samsung will respond to reclaim its position.

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Foldable Smartphone Market Surges 49% in 2024, Huawei Overtakes Samsung

Samsung's sales dropped by 42%, losing its leading position in the market.

Samsung's Decline

Samsung's market share fell to 23%, while competitors gained significant ground.

Market Share Shift

Huawei experienced a 257% growth, capturing 35% of the market share.

Huawei Takes the Lead

Growth in the Chinese market and the launch of the Mate X5 - 5G contributed to Huawei's success.

Behind Huawei's Success

Honor saw a 460% increase in sales, achieving a 12% market share.

Honor's Impressive Growth

As competition intensifies, it remains to be seen how Samsung will respond to reclaim its position.

Future of Foldable Smartphones

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