Huawei, Xiaomi launch premium foldables ahead of Apple's event

Memory costs have risen sharply. The cost pressure has been enormous.
Huawei's executive director explains the financial reality behind premium foldable pricing.
Mark

Why does it matter that these two companies launched on Monday, specifically before Apple's event?

Mimi

It's about narrative control. If Huawei and Xiaomi announce first, they set the terms of comparison. When Apple shows up Wednesday, people will measure it against what's already on the table.

Luke

But we should note—the source doesn't say Apple will definitely announce a foldable. It says expectations are "high" that it could. That's different from confirmation.

Mark

Fair point. So what's actually new in these phones compared to what existed before?

Mimi

Huawei's tri-fold is genuinely novel—folding twice into a tablet. Xiaomi's approach is more incremental, but they're emphasizing weight and thickness. Both are using domestic chips and memory to reduce dependence on U.S. suppliers.

Luke

The memory cost issue keeps coming up from both executives. Is that a real constraint or a pricing justification?

Mimi

Probably both. Memory costs did rise, but both companies are also using that as cover for premium pricing. Lei Jun says it's "value for money," which is a diplomatic way of saying it's expensive.

Mark

What does Huawei's market share actually tell us?

Mimi

That in China, Huawei has already won the foldable conversation. They ship 68% of all foldables there. Samsung tried, failed, and retreated.

Luke

But Huawei can't sell in the U.S., and that's where Apple dominates. These are two different markets. We shouldn't assume Chinese success translates globally.

Mark

So Apple's real advantage is distribution and brand, not necessarily technology?

Mimi

At this point, yes. The technology gap has narrowed. What Apple has is the ability to reach markets Huawei cannot touch.

Luke

And we don't know yet whether Apple will even enter the foldable market on Wednesday. We're all speculating based on "expectations."

  • With Apple's product event just days away, Huawei and Xiaomi moved first — launching flagship foldables in a deliberate bid to own the narrative before a historic American rival could enter the room.
  • Huawei's Mate XT2, priced as high as $3,725, folds twice into near-tablet form and carries a homegrown chip built to sidestep U.S. sanctions — a feat of engineering shaped as much by politics as by ambition.
  • Xiaomi countered with a lighter, thinner, and significantly cheaper alternative, its CEO openly benchmarking the device against Apple's iPhone Pro Max and claiming superior performance from a Chinese-designed processor.
  • Both companies are quietly rewiring their supply chains around domestic chips and memory, turning U.S. trade restrictions into a catalyst for self-sufficiency rather than a ceiling on growth.
  • Huawei already commands 68% of China's foldable market while Samsung retreats, and the stage is now set for Wednesday's Apple announcement to either disrupt this order — or confirm it.

In the days before Apple's anticipated entry into the foldable smartphone market, Huawei and Xiaomi planted their flags on home soil — not merely as a product launch, but as a statement about who shapes the future of premium technology. Both companies unveiled devices engineered to reduce dependence on foreign components, reflecting a deeper story about how geopolitical pressure is quietly redesigning the global supply chain. The foldable phone, once a novelty, has become a theater where national ambition, economic resilience, and consumer desire converge.

On Monday, Huawei and Xiaomi unveiled their most ambitious foldable smartphones yet, timing their launches with unmistakable intent — just days before Apple is expected to announce its own entry into the category. It was a show of strength on home ground, a signal that Chinese manufacturers intend to define this market before any American competitor arrives.

Huawei's Mate XT2 is the company's most complex device to date, folding twice to expand from phone to near-tablet. It runs the Kirin 9050 Pro chip, built on what Huawei calls LogicFolding architecture — part of a deliberate strategy to engineer around U.S. technology restrictions. The phone adds a redesigned hinge, improved water resistance, and a privacy screen, but none of it comes cheaply: prices start near $2,980 and climb to $3,725. Huawei's Richard Yu was candid about the burden. "Memory costs have risen sharply," he said. "The cost pressure has been enormous."

Xiaomi chose a different path. Its 18 Fold is passport-sized when closed and opens to display three apps simultaneously — lighter and thinner than Apple's iPhone Pro Max, according to CEO Lei Jun, who made the comparison directly. The device runs Xiaomi's in-house XRing O3 processor and uses memory chips from Chinese manufacturer CXMT, a pointed step toward supply chain independence. Pricing starts at roughly $1,540, making it a more accessible alternative to Huawei's premium tier.

The launches reflect something larger than product competition. Both companies are constructing supply chains designed to endure U.S. sanctions — Huawei through chip design, Xiaomi through domestic memory sourcing. The market data suggests this strategy is working. Huawei holds 22.6% of China's overall smartphone market, ahead of Apple's 18.1%, and commands 68% of foldable shipments. Samsung, meanwhile, has stumbled — launching a tri-fold device late last year only to reportedly pull it within months.

When Apple takes the stage Wednesday, it will enter a market that Chinese manufacturers have already shaped, tested, and claimed. The question is no longer whether foldables have a future — China has settled that. The question is whether Apple's arrival accelerates the form factor globally, or simply confirms what Huawei and Xiaomi have already built.

On Monday, Huawei and Xiaomi unveiled their latest flagship foldables in China, making a calculated move to dominate the premium handset market before Apple takes the stage later in the week. The timing was deliberate—a show of strength in their home territory ahead of what many expect will be Apple's own entry into the foldable space.

Huawei's new Mate XT2 represents the company's most ambitious engineering yet. The device folds twice, transforming from a phone into something closer to a tablet when fully opened. Inside sits the Kirin 9050 Pro chip, a processor designed using what Huawei calls LogicFolding architecture, part of a broader strategy the company outlined in May as it works to circumvent U.S. technology restrictions. The company claims the chip delivers more computing power while consuming less electricity. The phone also features a redesigned hinge, improved water resistance, and a privacy screen that blocks the view of anyone looking over your shoulder. Pricing starts at 19,999 yuan—roughly $2,980—with the top model reaching 24,999 yuan, or about $3,725. Sales begin Saturday. At the announcement, Huawei Executive Director Richard Yu acknowledged the financial pressure behind these devices. "Memory costs have risen sharply," he said. "We adopted a lot of new technology, and the cost pressure has been enormous."

Xiaomi took a different approach with its 18 Fold, unveiled at a separate event. Rather than chase the tri-fold concept, the company engineered what it calls a "medium-fold solution"—a phone that stays roughly passport-sized when closed but opens to display three applications side by side. CEO Lei Jun made direct comparisons to Apple's offerings, noting that his device weighs less than eight ounces and measures less than a quarter-inch thick when unfolded, making it lighter than Apple's iPhone Pro Max. The 18 Fold runs Xiaomi's in-house XRing O3 AI processor, which Lei claimed outperforms Apple's A19 Pro in responsiveness. The phone also uses DRAM memory chips from CXMT, a Chinese chipmaker, further reducing reliance on foreign suppliers. Pricing ranges from 10,999 yuan ($1,540) to 14,999 yuan ($2,100)—significantly less than Huawei's offering. Lei echoed Yu's point about cost pressures, saying memory remains expensive but that Xiaomi's pricing represents good value.

These launches underscore a broader reality in the Chinese tech industry: both companies are building supply chains designed to withstand U.S. sanctions. Huawei, barred from selling in America and deemed a national security risk by Washington, has become increasingly reliant on domestic chip design and manufacturing. Xiaomi's choice to use Chinese memory chips signals a similar hedging strategy. The market data backs up their confidence. In the second quarter, Huawei commanded 22.6% of China's smartphone market, edging out Apple's 18.1%, with Xiaomi holding 12.4%. In foldables specifically, Huawei's dominance is even more pronounced—the company shipped 68% of all foldable phones sold in China during that same period.

Samsung, the world's largest foldable vendor, has struggled to maintain momentum. The South Korean company launched a tri-fold device in December but reportedly halted sales after just three months. In July, it pivoted to a passport-sized foldable design, essentially following the path Xiaomi is now taking. The competitive landscape is shifting, and the Chinese companies are moving faster.

Apple's announcement on Wednesday will test whether the American company can reshape this market the way it has reshaped others. The expectation among analysts and observers is that Apple will introduce its own foldable phone. If it does, it enters a space where Huawei and Xiaomi have already established themselves, refined their designs, and built relationships with consumers who have grown accustomed to the form factor. The question is no longer whether foldables will succeed—the Chinese market has already answered that. The question is whether Apple's entry will accelerate adoption globally or whether it will simply validate what Chinese manufacturers have already proven.

Memory costs have risen sharply. We adopted a lot of new technology, and the cost pressure has been enormous.
— Huawei Executive Director Richard Yu
The device is lighter than Apple's iPhone Pro Max and the processor outperforms Apple's A19 Pro in responsiveness.
— Xiaomi CEO Lei Jun, on the 18 Fold's advantages
Möchten Sie die ganze Geschichte? Das Original lesen bei NBC News ↗
Kontakt FAQ