Huawei launches new foldable smartphone as competition with Xiaomi, Apple heats up

Huawei unveiled its new foldable smartphone, the Mate XT2, on Monday. This device features a dual-folding screen and the Kirin 9050 Pro chip. The new chip offers improved computing power and reduced electricity consumption. Xiaomi is launching a rival folding phone later today. Apple will reveal its latest iPhone series on Wednesday.