Counterpoint Research: OPPO performed well in China's folding screen mobile phone market in the first quarter, with a share of 27%.

CTOnews.com August 4 news, according to foreign media Counterpoint Research news, OPPO in the first quarter of this year in the domestic "folding screen mobile phone" market outstanding performance.

▲ source Counterpoint Research ▲ source Counterpoint ResearchCTOnews.com found from the table that between January and March 2023, OPPO occupied 27% of the domestic folding screen smartphone market share. Since OPPO only accounted for 18% of the domestic collapsible mobile phone market a year ago, foreign media gsmarena believes that the jump in OPPO market share is "remarkable".

Counterpoint Research believes that OPPO's Find N2 folding screen phone is the company's best-selling product, with an impressive 15% share of the domestic market in the first quarter of 2023. In the international arena, Find N2 mobile phones also performed well, helping OPPO gain 13% of the global market share in the same period.

"We believe competition between the global collapsible market OEM will intensify by the end of 2023 due to more aggressive expansion of the target market," said Jene Park, a senior analyst at Counterpoint Research. "in addition, the Chinese foldable device market is expected to continue to grow by the end of 2023, mainly because Chinese consumers prefer to pursue these expensive models because they regard 'collapsible devices' as high-end smartphones."