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Huawei and Xiaomi launched foldable smartphones in the Chinese market, while reports expect Apple to unveil its foldable phone soon. Huawei announced its "Mate X2" which transforms into a tablet when opened, featuring improved water resistance and a privacy-enhancing display, with prices starting at 19,999 yuan (around $2,980), with sales beginning on September 12. Xiaomi introduced its "Xiaomi 18 Fold," which can run three applications simultaneously, weighs 219 grams, and has a thickness of 5.02 mm. Its prices range from 10,999 to 14,999 yuan (approximately $1,540 to $2,100). Xiaomi’s CEO mentioned that the phone outperforms some Apple devices in terms of processor performance, and there are expectations that Apple will soon preview a foldable product in a market witnessing strong competition for innovation.
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