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Huawei dominates China’s 2024 foldable market: Mate X5, Pocket 2 capture nearly 40% share

China’s foldable smartphone market surged in 2024, with competition reaching new heights. Huawei led the pack, securing 51.29% market share, well ahead of rivals. Its Mate X5 and Pocket 2 accounted for 38.8% of total sales, while Mate X6 also saw strong demand, reinforcing Huawei’s dominance. Notably, Mate X5’s sales were over five times higher than the second-place model, underscoring its commanding lead in the segment.