Current location:Culture Circle news portal > entertainment
Foldable phones surge in popularity amid stagnant market
Culture Circle news portal2024-05-21 21:57:13【entertainment】5People 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.
Address of this article:http://mongolia.boluescortbayan.net/news-59c799878.html
Very good!(745)
Related articles
- Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
- China's Guangdong downgrades flood control emergency response
- Yokohama F. Marinos edge Shandong in ACL thriller
- Climate change blamed for heavy rain in the south
- Germany's foreign minister visits Kyiv as Ukraine battles to hold off a Russian offensive
- Beijing water town to roll out immersive autumn experience
- Macao announces schedule for election of Chief Executive Election Committee
- China sees 160M domestic tourist trips during May Day holiday
- Ohio judge to rule Monday on whether the state’s abortion ban stands
- Chinese diplomat calls for enhancing China
Popular articles
- Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- USC president makes her first remarks over recent campus controversies on Israel
- Police in Tennessee fatally shot man after he shot a woman in the face. She is expected to survive
- Climate change blamed for heavy rain in the south
Recommended
Sports betting roundup: Xander Schauffele's final putt pays off for bettors
Nepal hosts an investment summit in hopes of attracting foreign money for hydropower projects
Yokohama F. Marinos edge Shandong in ACL thriller
Humanitarian crisis in Gaza exposes Western double standard on human rights
Sarah Jessica Parker divides opinion with enormous hat on set of And Just Like That
China firmly opposes recent US
Chinese premier stresses consolidating achievements in poverty alleviation
Humanitarian crisis in Gaza exposes Western double standard on human rights
Links
- Heartwarming moment driver saves dog from being run over by bringing traffic to a halt on busy six
- Inheriting Craft Helps Woman Promote Hometown's Revitalization
- Graduate Walks the Line, and Her Video Goes Viral
- Arts Add Vigor to Rural Revitalization in Guangdong
- China's Talent Pool Goes for Glory
- Helping Women Villagers Embroider Better Lives
- Woman Quits Consulting Job to Give Grandfather Experiences of a Lifetime
- Engineer Plays Vital Role Building Padma Bridge in Bangladesh
- 'Queen Wen' to Make US Open Quarterfinal Debut, Alcaraz Comes Through
- China's Chen, Fan Labor to WTT Singapore Smash Crowns