Oppo and vivo may exit the foldable phone market!

Foldable smartphones have created a niche market for themselves. Chinese manufacturers Oppo and vivo are among the companies operating in this field, where different companies develop relatively experimental products. The latest news is Huawei’s 10 inch It shows that it plans to release a brand new device that folds three times. This move by Huawei may lead the other two Chinese manufacturers to exit the market.

Oppo and vivo can’t get into the foldable phone market

Both companies are in the foldable phone market small and tends to get smaller have market shares of . According to the news of Korea Economic Daily, the situation in the market shares of Huawei with its tripled phone that will bring a new breath to the market, the situation of the two companies leaving the market It might make you think seriously. It is claimed that the companies that have given up on this market do not want to fight against the competition between Huawei and Samsung.

Although due to US sanctions Huawei and Chinese chipmaker SMICAlthough they cannot acquire technologies that will allow them to make advanced chips, Huawei attracted attention in 2020 with the Mate 60, their 5G flagship model with the 7nm Kirin 9000s processor produced by SMIC. The company also increased its growth in China to 36.2% on an annual basis. In the first two weeks of 2024, Huawei left Apple behind and became the best-selling brand.

Last October, Oppo announced the third generation Find N3 It launched its foldable phone. vivo is the second generation vivo X Fold 2 and X Flip appeared before consumers.