IDC: Huawei obliterates competition in China's foldables market‎

IDC posted its latest report on the foldable market in China, and it shows that Huawei dominated in the last quarter of 2024. 48.6% of the 2.505 million shipped units were made by the Shenzhen-based company, while Honor was a distant second with a 20.6% market share. However, interest in foldables seems to have faded, as shipments were almost 10% lower than in the same period 12 months ago. Foldable phones' shipments in China (blue) and YoY change (yellow) The Q4 2024 period was the first time foldables saw a decline in shipments since tracking the segment began nine quarters ago....