Current location:opinions >>
Foldable phones surge in popularity amid stagnant market
opinions3People 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 Ink news portal”。http://montserrat.cumberland-sausage.net/html-15a899956.html
Related articles
Amtrak train hits pickup truck in upstate New York, 3 dead including child
opinionsNEW YORK (AP) — A child was among the three victims killed when a passenger train hit a pickup truck ...
【opinions】
Read moreAaron Taylor
opinionsAaron Taylor-Johnson and Ryan Gosling both looked dapper in suits as they attended The Fall Guy scre ...
【opinions】
Read moreParis mayor is confident that water quality will allow Olympic swimming in the River Seine
opinionsPARIS (AP) — Paris mayor Anne Hidalgo said she was confident water quality in the River Seine will b ...
【opinions】
Read more
Popular articles
- What a blast to work at NASA. Space agency is sky
- Family pay tribute to 'vibrant and loving' mother, 25, found dead in car in Hackney
- Hong Kong schools ban books, warn teachers not to get 'political' — Radio Free Asia
- A legal challenge over the UK's role in arms sales to Israel will go ahead
- Dodgers acquire pitcher Yohan Ramírez from Mets for cash
- Woman charged with murder in crash that killed young brother and sister at birthday party
Latest articles
Jon Wysocki dead at 53: Staind drummer passes away
Plane crashes into river outside Fairbanks, Alaska
Housing crisis laid bare as couple turn disused bus stop into a temporary home
European parliament passes law banning forced labor products — Radio Free Asia
The unstoppable duo of Emma Stone and Yorgos Lanthimos
Hurricanes rely on veteran composure in the big rally for a 2
LINKS
- I am a Cher superfan
- Alex Bregman homers twice, drives in 4 runs as Astros pound Athletics 9
- Padma Lakshmi, Halsey, Saweetie and Lucy Liu dazzle with high
- Austrian court says convicted rapist Josef Fritzl can be moved to prison from psychiatric detention
- Primaries in Maryland and West Virginia will shape the battle this fall for a Senate majority
- There's bird flu in US dairy cows. Raw milk drinkers aren't deterred
- Ashley Roberts, 42, borrows Amanda Holden's 18
- Fire sale! Ant McPartlin's ex
- Future of Baby Reindeer 'confirmed' after fans of the hit Netflix drama begged for second series
- Kate Moss is joined by model daughter Lila, Dua Lipa and Daisy Edgar