Huawei, Xiaomi unveil new foldable phones ahead of Apple's launch

Huawei and Xiaomi are intensifying their foldable smartphone push in China ahead of Apple's expected entry into the market. Huawei unveiled the Mate XT 2 trifold on Monday, while Xiaomi CEO Lei Jun introduced the Xiaomi 18 Fold. Their launches highlight growing competition as Apple's foldable iPhone, expected to cost over $2,000, could boost the premium foldable segment.