Samsung Faces Foldable Phone Competition as Chinese Brands Aim for Dominance

Samsung aims to sell 20 million foldable phones in 2024 as competition from Chinese brands like Huawei, Xiaomi, and Oppo increases.

Samsung was surprised by Huawei's Mate X3 and X5 foldable phones which are slimmer but have bigger batteries than the Galaxy Z Fold 5.

Oppo and OnePlus just launched foldable phones with better screens, cameras, and batteries than the Z Fold 5. OnePlus will also sell in Europe and North America.

Xiaomi's Mix Fold 3 is very thin at 10.9mm but still fits a large 4,800mAh battery.

Samsung needs to improve hardware and design to keep its lead, especially with Apple planning a foldable iPad Mini and possibly a foldable iPhone.