Galaxy Z Fold 5 open upright resized

Credit: Hadlee Simons / Android Authority
  • HUAWEI has unseated Samsung as the top foldable phone manufacturer in Q1 2024, according to a report.
  • It’s believed that the company’s adoption of 5G in its foldables is a key reason for increased shipments.

Samsung has ruled the global foldable phone market since it launched the original Galaxy Fold back in 2019 and the Galaxy Z Flip back in 2020. Unfortunately for the Korean manufacturer, it’s just been knocked off its perch for the first time.

Counterpoint Research reports that HUAWEI has overtaken Samsung to be the top foldable phone manufacturer in Q1 2024. The Chinese brand’s foldables accounted for 35% of the global foldable market, compared to Samsung’s 23%. Just a year ago, HUAWEI had a 14% global share versus Samsung’s 58%.