Huawei has emerged as a formidable leader in the Chinese foldable smartphone market for the third quarter of 2024, outpacing its competitors in a significant way. According to CINNO Research's latest analysis, Huawei proudly retains its title as the king of foldable devices, boasting the largest share in this rapidly evolving segment.

In Q3 2024 alone, Huawei shipped an impressive 1.12 million foldable units, marking a staggering 97% year-over-year growth. This leap is the highest among all smartphone brands, solidifying Huawei's dominant presence in the foldable arena. The company has maintained its crown in this sector for an astonishing five consecutive years, showcasing its commitment to innovation and customer satisfaction.

At the forefront of Huawei’s success is the Mate X5, which has become the company’s flagship device in the foldable lineup. Since its launch, the Mate X5 has remained immensely popular and holds the title of 'sales champion' for four quarters in a row. Thanks to this device, Huawei achieved a remarkable market share of 85% in Q3 2024 alone.

To build on this momentum, Huawei is set to unveil its highly anticipated Mate X6 foldable on November 26. The new version is expected to introduce significant upgrades, including a more powerful processor, the latest HarmonyOS NEXT, and potentially groundbreaking features that promise to elevate the user experience even further.

In the race for foldable dominance, Honor follows closely behind, holding the second position with its Magic V3 and Vs3 models. Other notable brands in the top five include vivo, Xiaomi, and Samsung, each competing for their slice of the burgeoning market.

As foldable technology continues to evolve, consumers can expect exciting advancements and innovations. With Huawei leading the charge, the Chinese foldable market is set for an exhilarating future. Keep an eye on the upcoming revelations, as they may redefine what we expect from this cutting-edge segment!