Previously, the Honor Magic V2 was critiqued for its inaccessibility outside China, despite its status as the world’s slimmest foldable smartphone, retailing for approximately $1,248.99. The initial lack of international availability was seen as a significant drawback for the cutting-edge device.
European Expansion
Honor has now introduced the Magic V2 to the European market in a timely strategy that could increase competition for Samsung. This move comes as Samsung is focused on the global distribution of its Galaxy S24 series.
Anticipating Market Dynamics
Rumors suggest that Samsung may respond to the intensifying rivalry, particularly from Chinese brands like Honor, by launching a more affordable version of the Galaxy Z Fold 6 this summer. This is seen as a strategic move to maintain its market position amid the growing challenges.
