Overview:
Global foldable shipments grew 49% YoY in Q1 2024. The market is maintaining a steady growth rate, strongly driven by the continuous growth in the Chinese market. The Chinese market accounted for 56% of global shipments, with Huawei, HONOR and vivo achieving significant growth through major technological improvements in new products. Additionally, Chinese OEMs like HONOR, OPPO and Motorola significantly increased their shipments outside China, contributing to the growth of the Western European market.
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