Huawei Overtakes Samsung as Top Foldable Phone Maker

Samsung's market share plummets while Huawei, Motorola, and Honor see significant growth in foldable smartphone shipments.

Huawei now leads the foldable phone market with a 35% share, surpassing Samsung's 23%.
Samsung's foldable phone shipments have stagnated over the past year, contributing to its decline.
Motorola's foldable phone shipments surged by 1,473%, capturing 11% of the market.
Honor increased its market share from 3% to 12%, driven by the success of the Honor Magic V2.
The foldable smartphone market grew by 49% in the first quarter of 2024, with book-style devices becoming more popular than clamshell models.