Counterpoint: Foldables market declines in Q3, Samsung lead shrinks

The global foldable smartphone market saw its first decline since analysts started tracking the segment. Total shipments went down 1% year over year, and while Samsung remained on top, its market share significantly shrank despite the launch of the Galaxy Z Fold6 and Galaxy Z Flip6 flagships.

Xiaomi, Motorola, Honor, and Huawei were the big winners in the past three months. All of them saw massive shipment increases compared to the same period 12 months ago.

The report reveals that Samsung saw modest sales of the Galaxy Z Fold6, while the Flip6 failed to match the sales numbers of…