Overview

• Huawei now leads the foldable phone market with a 35% share, surpassing Samsung's 23%.
• Samsung's foldable phone shipments have stagnated over the past year, contributing to its decline.
• Motorola's foldable phone shipments surged by 1,473%, capturing 11% of the market.
• Honor increased its market share from 3% to 12%, driven by the success of the Honor Magic V2.
• The foldable smartphone market grew by 49% in the first quarter of 2024, with book-style devices becoming more popular than clamshell models.