Despite no 5G, Huawei increased foldable phones sale in Chinese market in 2022

Despite having no access to a 5G chipset, Huawei phones are rumbling over China’s foldable device segment and maintained its lead throughout 2022.

According to the data released by China’s CINNO research, Huawei shipped approx 1.44 million units of foldable display devices. The Chinese tech maker completed this task with a sales growth rate of 132% year over year. However, its market share decreased by 2.8 percent, while still covering over 50% of the overall Chinese market.

This sale count is contributed by the strong sales of the P50 Pocket and Mate X2 Collector’s Edition. Since its launch in December 2021, the Huawei P50 Pocket has been the single-season sales champion of China’s foldable phones market for three consecutive quarters in Q1, Q2, and Q3 of 2022. While the Pocket S jumped to the top sales in the fourth quarter.

Samsung comes second with a market share of 22.8%, a year-on-year decrease of 9.7 percentage points, Samsung has the largest decline within a year.

OPPO ranked third with a 7.7% market share, up 4.3 percent year over year. Coming to the last three Xiaomi, Vivo, and Honor with a market share of 6.6%, 5.8%, and 5% respectively.

Overall sales of foldable smartphones in China have increased by 144% year over year (YoY) with 2.83 million units shipment throughout the year. This is a massive growth among customers and it continues to rise over quarters.

(via – mydrivers)