Analysis and research firm TrendForce predicts that foldable smartphone sales will jump by 55% YoY with 19.8 million shipments in 2023. The report attributes the growth to the stagnation of the smartphone market, which could shift the market’s focus to foldable devices.
Huawei made the potentially underwhelming choice to launch a new foldable mobile device with an outdated form-factor in 2022. However, the OEM is now tipped to have returned to a more Samsung Galaxy Z Fold4-like design in its successor. The "Mate X3" is said to have made it beyond the prototype stage and may now be close to launch.
In 2021, a total of six new foldables entered the smartphone market including Huawei Mate X2, Xiaomi Mi Mix Fold, Huawei P50 Pocket, and the Oppo Find N.
Huawei Mate V is expected to be the company's first clamshell foldable that will take on the Samsung Galaxy Z Flip 3. Not much is known about the smartphone as of now.