In 2024, Honor experienced a significant boost in foldable sales, nearly quadrupling their numbers at the expense of Samsung. The introduction of the Magic V3, which held the title of the slimmest foldable in the world, contributed to Honor's success. The device featured the powerful Snapdragon 8 Gen 3 processor and a sizable 5,150 mAh battery.
On the other hand, Samsung released the Galaxy Z Fold 7 in July 2025, which garnered significant popularity despite its smaller battery capacity compared to competitors like the Honor Magic V5.
