Foldable phone shipments expected to double in 2024; Chinese brands challenge Samsung's dominance

Shipments of super premium foldable phones are expected to double in 2024, with new Chinese players entering the market to challenge Samsung's dominance. Samsung's market share decreased to 83% in 2023, with Motorola, Oppo, and OnePlus also in the foldable smartphone competition. Chinese brands are focusing on innovation and pricing strategies to compete with Samsung's established presence in the market.
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