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According to Fast Technology on July 29, research firm IDC recently released China's foldable screen mobile phone market share in the second quarter of 2024, with a total shipment volume of 2.57 million units in the quarter.

Data shows that in the second quarter, Huawei ranked first with a market share of 41.7%, almost accounting for half of the foldable screen market. Vivo and Honor followed closely behind, occupying the second and third positions respectively.

IDC said that the vivo X Fold3 series gained market recognition after solving many pain points of foldable screen mobile phones, helping vivo rise to the second place.

Although the best-selling product Magic V2 is about to be replaced, the new product line Magic Flip helped Honor rank third in the second quarter with a share of 20.9%, becoming the second in the vertical folding market.

OPPO ranked fourth with a market share of 8.4%, ranking third in the vertical folding market share. Samsung ranked fifth with a market share of 3.0%.

It is worth mentioning that Huawei's first place in market share in the second quarter was due to the Mate X5 released last year and the Pocket 2 released in February this year. After the release of Huawei nova, the market share of other manufacturers' folding screens is expected to be compressed.

According to reports, Huawei’s first small folding phone in the nova series will be released on August 6. This phone will be Huawei’s cheapest small folding phone to date. It is a trendy small folding phone for young people and will usher in a new round of sales. Small foldable phone replacement trend.