Huawei is the new champion in Q2 2022 sales of folding devices with 53.7 percent

Huawei is the new champion of folding devices in the Chinese market in Q2 2022. That says the report coming from the CINNO Research which describes the sale information and success rate of folding smartphones in the native market.

According to the latest piece of news, the Chinese market has sold more than 587,000 units of folding gadgets in the second quarter of this year. On the same side, this signifies an increase of 132.4 percent on yearly basis. While several tech giants share this profit, Huawei has solely contributed a sale of 315,000 folding devices with a 70% increase in Q2 2022.

Huawei P50 Pocket – The new point of attraction among users!

To be mentioned, the device that made the Chinese manufacturer stand at the top of the merchandise is the flip-flop model – Huawei P50 Pocket, and the gleaming gadget – Mate X2 Collector Edition. Together, these devices brought the company to a profit of 53.7 percent, surpassing the previous rate of 50 percent.

Although, the Chinese firm has gained a decline of 19.5 percent in the yearly progress report. Yet, it still has the potential to retain the loss back in its pocket through its ultimate tech-pack gadgets. This gets proven with the excitement of Huawei fans that are eagerly looking forward to the Mate 50 series.

Following the lead, Samsung takes its place at the second position on the Chinese platform with a sale of 97000 units. This gives the largest year-on-year increase of 222%. This also adds 4.6 percent to the market share of the Korean company that was relying on 16.6 percent.

Thereafter comes the vivo, OPPO, and Honor technologies with 10.0, 7.7, and 6.8 percent of success rates respectively. These companies have also traveled a route from zero to a good start-up level. Notably, the flexible vivo X Fold, OPPO Find N, and Honor Magic V have played a crucial role in uplifting these firms to a better status.

So far, the Chinese market regarding foldable was down in the first quarter of this year. Now, we have seen a gradual increase in the segments. But, without any halts, Huawei still has remained at the top in the merchandise.

[Source]