China's Honor, Oppo bet on foldable smartphones in global blitz

Market leader Samsung welcomes rivals as way to grow nascent segment

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Honor Device unveiled its latest foldable phones at MWC 2023 in Barcelona, Spain. (Photo by Cheng Ting-Fang)

CHENG TING-FANG, Nikkei Asia chief tech correspondent

BARCELONA, Spain -- Top Chinese smartphone makers Honor Device and Oppo are releasing foldable smartphones overseas for the first time in a bid to catch up with rival Samsung Electronics and energize sales in a lackluster mobile handset market.

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