Current location:opinions >>
Foldable phones surge in popularity amid stagnant market
opinions9People have gathered around
Introduction(ECNS) -- With continuous technological advancements, shipments of foldable phones have seen consecu ...
(ECNS) -- With continuous technological advancements, shipments of foldable phones have seen consecutive growth against the odds of sluggish smartphone sales in China.
A report released in February by the International Data Corporation (IDC) showed that the shipment volume of foldable phones in China reached about 7 million units, a year-on-year increase of 114.5 percent.
On Feb. 22, Huawei unveiled its latest vertical foldable phone, the Pocket 2. According to market research firms, Huawei leads the foldable phone sector in terms of shipments.
Other Chinese smartphone manufacturers including OPPO, Vivo, and Honor have all entered the foldable phone arena. These manufacturers released about a dozen foldable models in 2023, marking an explosive phase in the industry.
The "2024 China Foldable Phone Consumer Insight Report" published by market consultancy iiMedia Research suggests that the purchase of foldable phones is gradually expanding, with noticeable growth trends among high-end and female users.
In 2023, the proportion of female users increased by 9 percent year-on-year, while the 18 to 29 age group, known for their enthusiasm for new trends, and the 40 and above age group with stable incomes, accounted for 30.6 percent and 43.1 percent, respectively.
Foldable phone technology is rapidly evolving, gradually shifting from being a niche gadget for enthusiasts in 2021 to becoming a choice for mass users, said Zhong Xinlong, director of the Artificial Intelligence Research Lab at the Future Industry Research Center of CCID Consulting.
Looking ahead, iiMedia Research predicts that the foldable phone market will maintain high-speed growth from 2024 to 2025.
Guo Tianxiang, senior analyst at IDC China, pointed out that foldable phones would remain a key focus for manufacturers in 2024.
The involvement of more manufacturers and the launch of more products will continue to drive rapid market development, Guo said.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Intrigue news portal”。http://www.ipdilemma.com/news-15a599956.html
Related articles
Women can stand the cold BETTER than men, surprising study finds
opinionsIt's long been thought that women feel the cold more than men.But a new study suggests otherwise – a ...
【opinions】
Read moreEurozone inflation further cools in March
opinionsBRUSSELS, April 3 (Xinhua) -- The Eurozone saw its annual rate of inflation drop more than expected ...
【opinions】
Read moreXizang chairman hails region's miraculous development
opinionsPeople visit the Potala Palace square in Lhasa, southwest China's Xizang Autonomous Region, Feb. ...
【opinions】
Read more
Popular articles
- House Republicans launch investigation into federal funding for universities amid campus protests
- S. Korea's opposition bloc wins three
- Pilot using a backpack
- Xinjiang diverts floodwater to revive forests impacted by drought
- Women can stand the cold BETTER than men, surprising study finds
- Chinese mainland warns against Taiwan military's provocations
Latest articles
Armed men storm a hospital in central Mexico, killing a patient
Putin says Moscow terror attack committed by radical Islamists, more questions remain
FISU Games torch relay highlights global youths' determination to chase dreams
Bangladesh mulls to suspend services of Facebook, YouTube: minister
Some North Carolina abortion pill restrictions are unlawful, federal judge says
Bangladesh mulls to suspend services of Facebook, YouTube: minister
LINKS
- Jiang Zemin's Remains Transferred to Beijing
- Xi Attends Welcoming Ceremony Held by Saudi Arabia's Crown Prince
- Xi Orders All
- Full Text of Xi Jinping's Speech at Memorial Meeting for Comrade Jiang Zemin
- Funeral Committee Expresses Gratitude for Condolences over Jiang Zemin's Passing
- China's anti
- Xi Holds Talks with European Council President
- National Winter Games put incing on Olympic legacy
- Foreign Diplomats in China Mourn Jiang Zemin
- Xi Sends Condolences to Indonesian President over Deadly Earthquake