Foldable smartphone market in China witnesses impressive growth

China’s foldable smartphone market has experienced remarkable expansion, as shipments surged by a staggering 173% year on year, totaling 1.26 million units in the second quarter of 2023, as outlined in a recent industry report. Throughout the initial half of the year, the nation dispatched 2.27 million foldable phones, marking a significant 102% escalation compared…