Honor leads Chinese smartphone market in Q1, Huawei dominates foldable segment

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In the first quarter of 2024, the Chinese smartphone market hit shipments of 69.26 million units, marking a year-on-year growth of 6.5%, according to market intelligence firm IDC. Honor claimed the top spot with a 17.1% market share, while Huawei followed closely with a 17% share. Oppo (15.7%), Apple (15.6%), and Vivo (14.6%) ranked third to fifth, respectively. In the same period, the Chinese foldable smartphone market continued its rapid growth trend to reach shipments of 1.86 million units, which represented an 83% year-on-year increase. In the foldable market, Huawei secured its leading position with a market share of 44.1%, while Honor took second place with a share of 26.7%.