Group 1: Company Leadership Changes - Huawei Terminal Co., Ltd. has undergone significant management changes, with Guo Ping stepping down as chairman and Yu Chengdong taking over the role. Other board members, including Meng Wanzhou and Xu Zhijun, have also resigned [1] - The company was established in November 2012, with a registered capital of 606 million RMB, focusing on the development, production, and sales of communication and electronic products [1] Group 2: Product Launch - On November 25, during Huawei's full-scenario product launch event, Yu Chengdong announced the introduction of the new Mate 80 and Mate 80 Pro series, with a starting price of 4,699 RMB [2] Group 3: Market Position and Growth Potential - According to IDC, the Chinese foldable smartphone market reached a shipment volume of 2.63 million units in Q3 2025, marking a year-on-year growth of 17.8%, with Huawei holding nearly 70% market share [3] - TrendForce forecasts that global foldable smartphone shipments could grow to 70 million units by 2027, with a compound annual growth rate (CAGR) exceeding 40% [3] - Counterpoint Research is even more optimistic, predicting that global foldable shipments will reach 101.5 million units by 2027, with an annual CAGR of 49.48%, indicating Huawei's potential to maintain its leading position in this high-growth segment [3]

Core Insights - The Chinese foldable smartphone market is experiencing a significant recovery, with Q3 2025 shipments reaching 2.63 million units, representing a year-on-year growth of 17.8% [1] - Cumulatively, the foldable smartphone market in China saw shipments of 7.62 million units in the first three quarters of 2025, marking a year-on-year increase of 14.3% [1] - IDC forecasts that the foldable smartphone market in China will approach 10 million units in 2025, continuing its growth trend [1] Brand Performance - Huawei maintains a dominant position in the market with nearly 70% market share, showcasing its absolute leadership [1] - Honor ranks second in the industry with an 11.2% market share, driven by the performance of its new products, Magic V5 and Magic V Flip series [1] - The third to fifth positions in the market are held by vivo, OPPO, and Samsung, respectively [1]

Core Insights - The Chinese foldable smartphone market is experiencing a significant recovery, with a projected shipment volume of 2.63 million units in Q3 2025, representing a year-on-year growth of 17.8% [1] - Cumulatively, the shipment volume for the first three quarters of 2023 reached 7.62 million units, showing a year-on-year increase of 14.3% [1] - IDC forecasts that the total shipment volume for the Chinese foldable smartphone market will approach 10 million units in 2025, continuing its growth trend [1] Market Competition Landscape - Huawei maintains a leading position with nearly 70% market share, having shipped over 15 million foldable devices [1] - Honor ranks second with an 11.2% market share, driven by the performance of its Magic V5 and Magic V Flip series [1] - Vivo holds the third position with a 5.0% market share, focusing on price competitiveness and expanding interoperability with the iOS ecosystem through its X Fold5 series [1] - OPPO, with its Find N5 series leveraging flagship chip advantages, ranks fourth by a narrow margin [1] - Samsung re-enters the top five with its Galaxy Z Fold7 series, emphasizing advancements in lightweight design [1]

Core Insights - The global foldable smartphone market is projected to reach approximately 19.83 million units in 2025, reflecting a year-on-year growth of 6.0% [1] - By 2029, the global foldable smartphone shipments are expected to approach 27.29 million units, with a five-year compound annual growth rate (CAGR) of 7.8% [1]