Apple and Huawei Prepare Foldable Phone Launches Amid Slumping Smartphone Market

Apple and Huawei are set to release highly anticipated foldable devices next week, aiming to revitalize a global smartphone market projected to decline by 17 percent in 2026 due to memory shortages and weak consumer demand.

31 Aug, 01:30 — 31 Aug, 01:30

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SCMPMostly Factual2h ago

Huawei and Apple bend to a tougher market with foldable phones as memory crunch bites

Highly anticipated foldable launches from Apple and Huawei Technologies next week are expected to offer a much-needed lifeline to a subdued global smartphone market, which is bracing for an estimated 17 per cent decline in 2026. Apple’s September 9 event has the industry watching closely, with expectations building for its first foldable iPhone to take centre stage alongside standard model refreshes and the keynote debut of new CEO John Ternus. The US tech giant’s biggest product showcase of ...

By Iris Deng

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Apple and Huawei Prepare Foldable Phone Launches Amid Slumping Smartphone Market

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Huawei and Apple bend to a tougher market with foldable phones as memory crunch bites

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