Huawei, Xiaomi launch new foldable smartphones ahead of Apple event

•1mo ago

Huawei, Xiaomi launch new foldable smartphones ahead of Apple event

Tap title to read story

0:00 / 1:12

Huawei and Xiaomi have unveiled new flagship foldable smartphones in China, intensifying competition in the premium mobile market ahead of Apple's upcoming product showcase. Huawei launched its Mate XT2 tri-fold series, starting at 19,999 yuan and featuring an in-house Kirin 9050 Pro processor, improved water resistance, and a privacy screen. Meanwhile, Xiaomi introduced the Xiaomi 18 Fold, priced from 10,999 yuan, highlighting a slim 5.02 mm profile, an XRing O3 AI chip, and CXMT memory components. Both companies cited significant cost pressures driven by rising global memory prices. Huawei currently dominates China's foldable market with a 68 percent share, while Apple prepares to introduce its latest iPhone lineup. Executives from both Chinese firms emphasized their technological autonomy amid ongoing U.S. export restrictions, positioning their advanced form factors and proprietary silicon as competitive advantages against foreign rivals in the domestic sector.

Published 2026-09-07 16:00:03 UTC · Published by JQJO

Prepared by Ayesha A. · AI assisted

More context

Timeline

On May 1, 2026 Huawei unveiled the Tau Scaling Law architecture principle publicly.
On July 1, 2026 consultancy IDC reported Huawei led China's smartphone market.
On September 3, 2026 Xiaomi previewed the design features of the 18 Fold device.
On September 7, 2026 Huawei launched the Mate XT2 foldable smartphone series.
On September 7, 2026 Xiaomi launched its flagship Xiaomi 18 Fold device.
On September 9, 2026 Apple is scheduled to host its product launch event.
On September 12, 2026 official retail sales for Huawei foldable devices begin.
Expectations indicate Apple may introduce a foldable phone in future cycles.
Industry analysts predict ongoing memory price escalation will impact profit margins.
Competitors will monitor consumer adoption rates across Chinese luxury mobile segments.

Why it matters

Immediate US impact: Minimal direct impact on United States markets due to trade bans. Possible long-term US impact: Accelerated global mobile hardware competition and domestic supply chain maturation. Most affected groups: Chinese consumers, domestic technology manufacturers, and global mobile component suppliers. Reader priority: Monitor verified international newswire reports regarding premium smartphone market share.

Coverage notes

Left: Evidence was insufficient. Center: Reports focus strictly on verified commercial releases and market competition data. Right: Evidence was insufficient.