On September 3, 2025, authoritative market research firm Counterpoint Research released latest data showing that global foldable smartphone shipments surged 45% year-over-year in Q2 2025, achieving significant recovery. Behind this growth trend, the sustained robust performance of the Chinese market and explosive growth in the US market played crucial roles, with Lenovo's Motorola brand becoming the core driving force through its latest Razr 60 series flip phones, particularly in the US market.
In the Chinese market, despite maintaining overall strength with Huawei leading through its ultra-premium Mate X6 foldable phone (accounting for over one-third of Huawei's foldable shipments in the quarter), Motorola's global influence cannot be ignored. Particularly in the US market, pricing factors became the key driver, with Motorola's performance especially outstanding. Its Razr series base model retails for only $699, making it the most cost-effective foldable phone in the US market, with no competitors able to approach this price range to date. This strategy proved highly successful, driving US foldable phone shipments to historic highs for the period.
Regarding questions about "rumors that North American major clients' foldable screens might adopt CPI+UTG solutions," LENS responded on the interactive platform that these rumors are untrue. UTG has become the new mainstream trend for foldable screens, offering superior performance indicators compared to CPI in terms of creasing, hardness, light transmission, and tactile feel. As a global core UTG supplier, the company is deeply cooperating with major clients in developing related products, has initiated capacity building for next-generation foldable screen UTG, and provides strong support for mass production of major clients' premium foldable devices.
According to reports, with the iPhone 17 launch imminent, some Apple supply chain companies are actively recruiting workers. Industry sources indicate that Apple's iPhone 17 has entered the mass production phase. Additionally, Morgan Stanley expects Apple to slightly raise iPhone 17 series prices at the launch event, marking the first price increase since 2017. The price adjustment is expected to boost average selling prices by 5% in fiscal 2026, significantly higher than market expectations, with demand anticipated to remain unaffected.
Counterpoint data shows that in Q2 2025, global foldable smartphone shipments grew 45% year-over-year, achieving significant recovery driven by continued strength in the Chinese market and robust recovery in the US market. Growth in the US market was primarily driven by strong demand for Motorola's latest Razr 60 series flip phones. China remains the country with the highest global foldable device shipments, with trends consistent with global growth. Although Samsung's latest Galaxy Z Fold and Flip7 achieved record-high sales in Q3, their market share declined significantly.
Notably, on the afternoon of September 4, Yu Chengdong, Huawei's Executive Director and Chairman of the Consumer Business Group, announced that Huawei's new tri-fold phone Mate XTs Extraordinary Master starts at 17,999 yuan.
Furthermore, TF International Securities analyst Ming-Chi Kuo revealed that Apple plans to launch its first foldable iPhone in 2026, with plans to follow up with a foldable iPad release in 2028. Kuo predicts that foldable iPhone shipments will reach 8-10 million units in 2026, potentially growing to 25 million units in 2027.
Related foldable screen supply chain Hong Kong stocks: FIT HON TENG (06088), LENS (06613), BYD Electronic (00285), Sunny Optical (02382)