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Foldable Shipments Slow In China Amidst Global Growth Pains

  • China's foldable smartphone shipments are expected to slow down this year, with a growth rate of only 2% compared to previous years' triple-digit growth.
  • The slowdown is attributed to lower demand for Samsung's latest foldable models, resulting in a 1% decline in global foldable sales in the recent quarter.
  • However, foldables remain a bright spot in China's saturated smartphone market, with Huawei being the top seller, accounting for 85% of high-end foldables in the country.
  • To overcome the challenges and drive further adoption, manufacturers need to improve price accessibility, technological reliability, and offer innovative use cases.

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