Canalys: Oppo leads booming foldable market in China during Q1

Oppo’s foldable shipments appear to be doing more than well in its home market of China as a new Canalys report confirms Oppo was the foldable market leader for the Q1 period. Oppo held a 31% market share in the Chinese foldable smartphone segment for the January-March 2023 period. The jump in market share is remarkable as Oppo controlled just 12% of the foldable market in China a year ago.

Oppo controlled 31% of all foldable shipments in China during Q1 2023

The Find N2 Flip was the key seller managing an impressive 15% share of the China market on its own in Q1 2023. The flip foldable also performed well on the international stage as it helped Oppo gain a 13% market share globally during the same period. The notable bit is that China is the market with the fiercest competition for foldables with available devices from all the major vendors including Oppo, Xiaomi, Honor, Huawei and Samsung. Oppo was also China’s leading smartphone vendor in Q1 with an 18% market share.