Latest news and trends about tech in China

Chinese smartphone manufacturer Vivo released its first foldable phone on Tuesday, targeting premium users with a price tag of around $1,500. 

Why it matters: Vivo follows the footsteps of rival brands such as Xiaomi, Huawei, and Oppo, releasing its first foldable phone. Global shipments of foldable phones will hit 15.7 million in 2022, forecasting a yearly growth rate of 107%, according to market research firm CINNO Research.

Details: Using a Samsung display screen, the Vivo X Fold has an 8.03-inch interior display when used in tablet mode and a 6.53-inch exterior display when folded. For comparison, an iPhone 13 has a 6.1-inch display, and a regular iPad is 10.9 inches. 

Context:  CINNO predicts that Samsung will lead the foldable market this year with a 70% share.

Ward Zhou is a tech reporter based in Shanghai. He covers stories about industry of digital content, hardware, and anything geek. Reach him at ward.zhou[a]technode.com. More by Ward Zhou

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