Report: The market of folding phones has faced a decline in sales

For the first time, the global market of folding phones faced a decline in sales. Although Samsung is still the leader in this market, its market share has decreased significantly.

Xiaomi, Motorola, Honor and Huawei, as the biggest winning brands in the last quarter, experienced significant growth in their sales compared to the same period last year.

Xiaomi had the highest annual sales growth among all manufacturers in this segment, which was mainly due to the global launch of the Mix Flip. Huawei’s sales growth is mostly related to the Chinese domestic market.