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Report claims major player considers pulling out of foldables market
A major smartphone company decided to suspend its foldable product line, an unconfirmed report from China claims. Ma Guangyu of 163.com reported that the 13.6% growth in China's foldable smartphone market this year is below the expectations and at least one company found it too hard to maintain profitability under these conditions.The source didn't name the company pulling its 2025 release plans, but Oppo and vivo are the two with the longest gap since their last release.Xiaomi Mix Flip & Xiaomi Mix Fold 4Xiaomi only just made it Mix Flip international, following the...
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