Overview
- Huawei unveiled the Mate XT 2 in Guangzhou on Monday, Sept. 7, pricing the device from ¥19,999 and scheduling China sales to begin on Sept. 12.
- The phone is powered by the Kirin 9050 Pro, which Huawei says uses its Tau Scaling Law and 'LogicFolding' vertical stacking to shorten signal paths and deliver roughly 42% better performance versus the prior model.
- Xiaomi planned a rival foldable for the same week, reported to use domestic CXMT memory and a Xiaomi Xring O3 processor, and Apple is widely expected to reveal its first foldable at a mid‑September event.
- Companies are emphasizing premium foldables to protect profit margins as global smartphone shipments face a steep 2026 contraction and Huawei holds a dominant share of China’s foldable market.
- The shift toward in‑house chip designs, local suppliers and HarmonyOS upgrades could raise prices for buyers and reshape supply chains if Apple’s entry broadens consumer demand for foldables.