Huawei conquers the top of the foldable market, dethroning Samsung

This remarkable achievement is a result of the success of Huawei’s foldable models, such as the Mate X5 and Pocket 2, which have captured the public’s attention with their innovative designs and advanced features. The Mate X5, for example, offers an 8-inch main screen with a 120Hz refresh rate and a Snapdragon 8 Gen 2 processor, while the Pocket 2 stands out for its compact and elegant design.

Huawei has also benefited from the overall growth of the foldable smartphone market. In 2023, foldable sales increased 33% compared to the previous year, and this growth is expected to continue in 2024.

Increased demand for foldables drives Huawei

The increase in demand for foldable smartphones is one of the main factors contributing to Huawei’s success in this segment. These devices offer a unique experience that combines the portability of a smartphone with the large screen of a tablet, making them ideal for those looking for the best of both worlds.

Furthermore, the prices of foldable smartphones are becoming more competitive, which makes them more accessible to a greater number of consumers. In 2023, the average price of a foldable smartphone was 1,500 euros, but this is expected to decrease to 1,000 euros in 2024.

Huawei prepares to consolidate leadership

Huawei is taking steps to consolidate its leadership in the foldable smartphone market. The company is investing in the development of new foldable models with even more innovative designs and more advanced features.

Huawei is also expanding its presence in international markets, which will allow it to reach a greater number of consumers. The company is particularly focused on the European and Asian markets, where demand for foldable smartphones is high.

With its strategy focused on innovation and global expansion, Huawei is well positioned to maintain its leadership in the foldable smartphone market in the coming years.

Samsung strikes back: new foldable models on the way

Samsung will not be content with losing its leading position in the foldable market. The company is preparing to launch new foldable models in 2024, which are expected to feature improved designs and innovative features.

Some of the rumors about Samsung’s new foldable models include a Galaxy Z Fold5 with a 7.6-inch main screen and a Galaxy Z Flip6 with a larger external screen. The company is also working on a new type of foldable clamshell smartphone, which could be launched in late 2024.

The battle for leadership in the foldable smartphone market is just beginning. Huawei and Samsung are investing heavily in this segment, and the future will tell us which company will be most successful.

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