Huawei, the shining star of recent times, once again left its competitors behind in a category. It is under the US embargo and yet continues to develop rapidly. Huawei foldable phone reached the top in sales, Samsung fell to second place. Honor and Motorola also increased their market shares in the foldable phone field. At work Counterpoint Research foldable phone sales 2024 first quarter figures…
Huawei Reached the Top in Foldable Phone Sales
Chinese technology company Huawei The American embargo on Turkey increased. The company is now restricted from access to 5G technology, Intel and Qualcomm chips, and the Android operating system. Huawei has come a long way in producing its own technology or turning to domestic technology. Kirin 9000S chip and HarmonyOS Next It fascinated the whole world with its operating system.
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Huawei foldable phone It also got ahead of its competitors in its field. Counterpoint Research, which announced data on foldable phone sales figures for the first quarter of 2024, shows that Huawei is at the top. The top name in foldable phones was Samsung, but Huawei is in the first three months of 2024 with an increase of 257 percent became a bestseller.
Samsung was able to achieve 42 percent lower sales figures compared to the same period last year. With this Mate X5 in Huawei’s success The impact of the foldable device is undeniable. Mate X5 reached very high sales figures in China. Third on the list is another Chinese brand. Honor happened. Honor also increased its sales figures compared to the same period last year. increased by 460 percent.
Motorola’s Return Was Spectacular
Motorola ranks fourth on the list with its spectacular growth. Motorola was the brand that increased its sales figures the most proportionally in this field. Motorola’s sales figures compared to last year increased by nearly 1500 percent. Among the brands in question, most of Huawei’s sales were from China, while Honor and Motorola’s sales were from different markets. In this context, Honor Magic V2 became the best-selling folding phone model in Western Europe.
Motorola sells to North America Razr series It achieved great sales with its foldable phone model. Motorola’s sales rate in the global market to 11 percent output. According to the data obtained in the research results of Counterpoint Research, the sales share of horizontal models in foldable phones was 55 percent.
This is the situation in the first quarter of 2024, but this year Samsung introduced the highly anticipated Galaxy Z Flip6 will present the model to the user. Let’s see how this move by Samsung will affect the market. We should also point out that interest in foldable phones is increasing.