Huawei and Xiaomi Prepare New Flagship Phones Ahead of Apple Foldable Launch
· Technology · Bloomberg, Business Standard, BusinessLine
Huawei Technologies Co. and Xiaomi Corp. are preparing to launch new flagship smartphones in China just days before Apple Inc. is set to introduce its first foldable device. The upcoming hardware rollouts highlight the intense competition within the Chinese mobile market. Apple plans to reveal its foldable product during an upcoming event, marking its entry into a rapidly growing segment. Domestic manufacturers are moving quickly to defend their market share against the new foreign competition.
Why it matters
Chinese smartphone giants Huawei and Xiaomi are aggressively positioning their top-tier devices to counter Apple's entry into the foldable market, directly impacting consumer choices and competitive dynamics in the world's largest mobile arena.
Read the original report — Bloomberg
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