Huawei and Apple bend to a tougher market with foldable phones as memory crunch bites
Apple and Huawei are preparing to launch new foldable smartphones, a move analysts believe will revitalize the struggling global mobile market. Despite a projected 17% decline in overall smartphone shipments for 2026, the foldable segment is expected to see significant growth.
Why it matters
The foldable phone market is emerging as a critical growth driver for tech giants facing a broader industry downturn and rising component costs.
Highly anticipated foldable launches from Apple and Huawei Technologies next week are expected to offer a much-needed lifeline to a subdued global smartphone market, which is bracing for an estimated 17 per cent decline in 2026.
The article reports on market trends and analyst projections without taking a political or ideological stance.
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