Foldable Phones Could Kickstart China's Sluggish Smartphone Market, Analysts Say

A Magic V foldable smartphone developed by Honor is on display at an Honor Experience Store in Beijing on Tuesday. Photo: VCG

Amid sluggish smartphone sales in China, tech companies have pioneered a series of technological upgrades to drive consumer interest, with foldable phones becoming the latest fad.

Honor Device Co. Ltd., the former sub-brand of Huawei Technologies Co. Ltd., is the latest local firm to launch a smartphone fitted with a foldable screen as it pushes into the nascent high-end segment market formed three years ago.

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