Huawei and Xiaomi launch new foldables before Apple's market entry
Huawei and Xiaomi are ramping up their foldable phone strategy in China as they prepare for Apple's anticipated arrival in the sector. On Monday, Huawei debuted its Mate XT 2 trifold device, and Xiaomi CEO Lei Jun showcased the Xiaomi 18 Fold. These releases underscore the rising rivalry in the industry, especially as Apple’s rumored foldable iPhone—which may be priced above $2,000—is set to potentially drive growth in the high-end foldable market.
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