Foldable smartphone shipments faced a decline in Q1 2026, with Huawei commanding a significant 54.4% market share amid challenging economic conditions. Despite a seasonal correction affecting global shipments year-over-year, the Asia-Pacific region remains the leading market, contributing over 81% of total global shipments. However, regional shipments fell as Huawei's performance followed a robust Q4.
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Samsung secured second place with a 22.8% share, benefiting from growth in North America and Western Europe, driven by demand for its premium devices alongside Motorola. Ongoing economic uncertainties, trade tensions, and a cautious consumer outlook continue to challenge the adoption of high-end smartphones worldwide. Nevertheless, certain markets are showing signs of resilience, hinting at potential future growth.