Samsung’s foldables are facing a sharp sales dip in China

News Snapshot:

Samsung was one of the first manufacturers to gain users’ trust in the durability of foldable phones. People have also liked the software customizations that Samsung offers with its foldable devices. This way, the company has established its dominance on the form factor in most of the markets. China was also a part of it. Foldable smartphone shipments are up 25% year-on-year, and Samsung is a key contributor to this growth. However, the story of Samsung foldables isn’t the same in the Chinese market. A recent report from IDC shows that the Chinese OEMs are outperforming Samsung in market share...