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Global foldable smartphone market continues growth in Q1 2023—China is the cultprit, report says

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Both HUAWEI and OPPO captured 27 percent (each) of the Chinese foldable smartphone market! 🔥🔥🔥 Read here: GIZGUI...

The global foldable smartphones market is showing promising growth, with certain brands rapidly growing in China.

Almost all regions, including China, North America, and Western Europe, showed strong growth in the first quarter, the report added. Counterpoint Research said OPPO's strong performance in Q1 is noteworthy as it"reflects the brand's success in the Chinese foldable market, which is emerging as the world’s largest foldable smartphone market."OPPO ranked second in the foldable market in Beijing, with a slight gap with leader HUAWEI, helped by the N2 Flip and N2 which were released at the end of 2022.

 

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