Story perspectives

Chinese Foldable Smartphone Market Surges 27% in 2024

2/22/2025

47 4

Summary

Story summary

The Chinese foldable smartphone market expanded by 27% in 2024, though it accounts for just 3% of total sales.
Huawei leads the market with over 50% share, driven by the Mate X5 and X6 models.
Oppo introduced the Find N5 in Singapore, targeting growth despite market challenges.
China remains the largest market, with shipments projected at 10.7 million units in 2024.
Analysts forecast that foldable smartphone demand may double within the next three to four years.

1 of 1

Story summary

The Chinese foldable smartphone market expanded by 27% in 2024, though it accounts for just 3% of total sales.
Huawei leads the market with over 50% share, driven by the Mate X5 and X6 models.
Oppo introduced the Find N5 in Singapore, targeting growth despite market challenges.
China remains the largest market, with shipments projected at 10.7 million units in 2024.
Analysts forecast that foldable smartphone demand may double within the next three to four years.