A wacky report says that Oppo and vivo will give up the foldable market because of Huawei’s upcoming 10-inch tri-fold phone.
Considering that Oppo and vivo have fairly well-known foldable phones available (if you’re a phone enthusiast, that is), there is a craaaaaazy rumor going around. Per the Korea Economic Daily, a declining market share in the niche foldable category for both firms along with the speculation that Huawei is about to introduce a 10-inch tri-fold smartphone has led to a major shift in the market as far as Chinese manufacturers are concerned.
The report says that Oppo and vivo have decided they will exit the foldable market leaving it for Samsung and Huawei to dominate. The report, which is written in Korean and translated by this writer using Google Translate, adds that Huawei’s plan with the 10-inch tri-fold device is to take business away from Apple in China.
