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"According to Counterpoint Research, China's foldable smartphone shipments are expected to reach 9.1 million units this year, a 2% increase from 2023. However, this growth rate is significantly slower than previous years, which saw triple-digit annual percentage growth rates. The global foldable handset market has also seen a decline in demand, with a 1% year-on-year decline in the three months ended September."
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