The killer weapon that has been held back for 5 years is coming! Sales of foldable screen mobile phones in China in the first half of 2024: Huawei continues to lead without rivals

Quick Technology News on August 21, CINNO Research’s latest survey data shows that the sales of foldable screen mobile phones in the Chinese market are still expanding, and Huawei continues to lead the way. Data shows that in the second quarter of 2024, the sales of foldable screen mobile phones in the Chinese market reached 2.62 million units, a year-on-year increase of 125% and a month-on-month increase of 11%. Both year-on-year and month-on-month growth were achieved. It has maintained three-digit year-on-year growth for the fourth consecutive quarter. The cumulative sales of foldable screen mobile phones in the first half of the year reached 4.98 million units, a year-on-year increase of 121%, with a penetration rate of 3.6%, an increase of 1.8 percentage points compared with the penetration rate of 1.7% in the same period last year, and a market share of 13% in the high-end market priced above 5,000 yuan. In 2020 it was only 2%. Specific to manufacturers, the top three are Huawei, vivo and OPPO, and their corresponding market shares are 35.2%, 31.2% and 11.1% respectively.

In addition, Honor, Samsung, Xiaomi and Moto followed closely, but the share difference was relatively large, corresponding to 10.4%, 5.7%, 2.8%, and 2% respectively. According to what Yu Chengdong revealed, Huawei's three-fold screen mobile phone is coming soon and is expected to be unveiled next month, when it will compete head-on with the iPhone 16.

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