Huawei's foldable screen shipments accounted for 44.1% of the market: ranking first in the Chinese smartphone market in Q1

News on April 25, according to the latest report from market research organization IDC, the outstanding performance of Huawei Mate achieved a share of 44.1%.

At the same time, Honor followed closely, ranking second with a market share of 26.7%; vivo ranked third with a 12.6% share, and the sales performance of its X Fold3 series of smartphones exceeded expectations. , has now begun to increase orders to meet market demand.

In the first quarter of 2024, China’s foldable screen mobile phone market continued to maintain rapid growth, with shipments reaching 1.86 million units, and a year-on-year growth rate of an astonishing 83%, fully demonstrating this market segment of great potential and vitality.

In addition to the two mainstream folding screen smartphones currently on the market, horizontal folding and vertical folding, there is also news in the industry that a tri-folding screen mobile phone is about to be released.

It is reported that Huawei is expected to be the first to launch a tri-fold screen mobile phone in the second quarter of this year, and Samsung is also actively developing it. According to the CINNO report, Huawei is actively developing tri-fold screen smartphone products that require extremely high stress control requirements for flexible screens and various film layers. The specific launch time will depend on the progress of research and development verification. Currently, the screen supplier for these mobile phones is BOE.

In addition, in recent years, domestic and foreign cover plate manufacturers have made significant progress in the crease optimization and reliability improvement of UTG (ultra-thin glass), but they still face challenges in terms of cost, thickness and weight. However, with the continuous deepening of technology research and development and the gradual improvement of supply chain layout, the UTG cover market size is expected to continue to grow.

CINNO Research predicts that by 2024, the usage area of ​​UTG for domestic folding screen smartphones may increase significantly to 115,000 square meters, a year-on-year increase of more than 70%, indicating that this technology will be used in folding screens in the future. important position in the mobile phone market.

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