Global foldables market declines in Q3

The global foldable smartphone market saw its first decline, with shipments down 1% year-over-year. While Samsung remained the leader, its market share dropped due to modest Galaxy Z Fold6 sales and underwhelming Flip6 performance.

Xiaomi, Motorola, Honor and Huawei gained ground with significant shipment increases. Xiaomi expanded globally with the Mix Flip, while Huawei dominated in China with popular models like the Mate X5 and Nova Flip. Motorola’s sub-$1000 Razr 50 series and Honor’s ultra-thin Magic V3 also posed strong competition, challenging Samsung’s dominance in the segment.

Read more – https://www.gsmarena.com/counterpoint_foldables_market_declines_in_q3_samsung_lead_shrinks-news-65515.php

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