Sales of Samsung's Foldable Phones Have Nosedived in China

The latest figures from IDC shows that Samsung's share in China's foldable smartphone market was 5.9% in Q1 2024. At one point, Samsung was pulling in a quarterly foldable market share of nearly 30% in China. From a report: It essentially came in dead last, as Samsung finds itself comprehensively beaten by the handful of companies that make foldable phones. This is also a significant decline over the previous year when Samsung's share was at 11%.

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