【Counterpoint: Huawei Dominates the Purchase of Foldable Smartphone Panels with a 55% Share in the First Quarter】

A report from market research firm Counterpoint shows that the shipment of foldable smartphone panels increased by 46% year-on-year in the first quarter of 2024. Huawei dominated the panel procurement with a record-high share of 55% and ranked first for the second consecutive quarter. BOE continued to lead in foldable panel shipments for the second consecutive quarter with a share of 48% (up from 43% in the previous quarter). Huawei MateX5 and Pocket2 were the top two models in terms of foldable panel procurement. It is expected that the shipment of foldable smartphone panels will increase by 113% year-on-year to a record high of 9.25 million units in the second quarter of 2024.