Huawei P50 Pocket burst into the foldable smartphone market and almost caught up with the Samsung Galaxy Fold 4 – Samsung Galaxy Flip 4 leads without a chance for competitors
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Introduced late last year Huawei Pfifty Pocket abruptly broke into the market of folding smartphones in the new year, taking away a significant part of it from the company's models Samsung.
What is known
Samsung Galaxy Flip 4 is still leading without a chance for other models available on the market. At the same time, in the first quarter of this year, its share decreased by almost 10%, amounting to 51%. As you can see, last year's clamshell still controls more than half of the foldable smartphone market.
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Lost even more Samsung Galaxy Fold 4. Last year, he increased the share from 25% to 35%, but in the first quarter of this year, it fell to 21%. But Huawei Pfifty Pocket took a little less than 20% of the market and is located on the third line.
All other foldable smartphones together control about 9% of the market. At the same time, the share of none of the models does not exceed 2.5%.
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As for manufacturers, the company is unconditionally in the lead here. Samsung, but its share compared to the last quarter of 2021 fell from 95% to 74%. Success Huawei Pfifty Pocket gave the Chinese company the opportunity to take 20% of the market. In total, 2.22 million foldable smartphones were sold in the first quarter, up 571% from a year earlier.
Source: DSCC