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Overview
- Huawei and Xiaomi moved first by launching premium foldables this week, with Huawei’s Mate XT2 priced from 19,999 yuan and set to go on sale on Saturday and Xiaomi’s 18 Fold starting at 10,999 yuan.
- Apple will hold a product event on Wednesday where John Ternus is expected to present the iPhone 18 Pro, iPhone 18 Pro Max and what news reports describe as Apple’s first foldable, though the company has not confirmed those details.
- Reporting ahead of the event says Apple may debut an A20 Pro chip built on a 2‑nanometer process and Pro models with up to 12 GB of RAM, but those processor and memory details remain unconfirmed by Apple.
- Apple plans a deep overhaul of Siri that relies on outside AI technology to close the assistant gap, a rollout that sources say could face regulatory delays in China and Europe even if U.S. availability proceeds on schedule.
- The launches come as memory and component costs rise and global smartphone shipments shrink, pushing manufacturers to premiumize products and raising the prospect of higher prices for consumers while reshaping who leads the high‑end foldable market.