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Foldable Smartphone Market Dips in Q3 2024 as Huawei Gains on Samsung

1 min read
Source: Wccftech
Foldable Smartphone Market Dips in Q3 2024 as Huawei Gains on Samsung
Photo: Wccftech
TL;DR

Global shipments of foldable smartphones declined by 1% in Q3 2024, marking the first slump in this market segment. Despite high customer satisfaction with book-type foldables, the high prices remain a significant barrier to mainstream adoption. Samsung, while still leading with 56% of global shipments, saw a 21% drop compared to the previous year, partly due to underwhelming new releases. Huawei and Xiaomi gained market share, but the overall market faces challenges transitioning from niche to mainstream.

Topics:top-newstechnology#consumer-satisfaction#foldable-smartphones#high-prices#market-decline#samsung#technology
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  1. Global Foldable Smartphone Shipments Declined In Q3 2024, Despite High Customer Satisfaction With Book-Type Form Factor; Report Mentions Two Reasons For This Slump  Wccftech
  2. Counterpoint: Foldables market declines in Q3, Samsung lead shrinks - GSMArena.com news  GSMArena.com
  3. Huawei grew 23% YoY in Q3 2024 global foldable shipment market  HC Newsroom
  4. Global Foldable Smartphone Shipments Decline in Q3, Samsung Leads  Zee Business
  5. Huawei is right behind Samsung in global foldable shipment race  gizmochina

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