Overview
- Huawei announced the Mate XT2 in Guangzhou on Monday, pricing the tri‑fold from CNY19,999 and scheduling Chinese sales to begin on September 12.
- Huawei said the Mate XT2 runs its new Kirin 9050 Pro using a LogicFolding chip design and offers a hardware privacy OLED, improved hinge, IP58/IP59 ratings, and a 10.2‑inch inner display.
- Xiaomi revealed the 18 Fold on Monday as its first wide‑format foldable, powered by the in‑house Xring O3 SoC and using CXMT memory, with China prices starting around CNY10,999 and no announced plans for international sales.
- Both companies are stressing domestic components and chip designs to work around export limits and rising component costs, a strategy that supports higher price points in a shrinking global smartphone market.
- Huawei enters the week as China’s foldable leader — holding roughly 68% of the segment in Q2 2026 — while Apple’s expected foldable announcement remains imminent and could reshape the premium foldable market.