Huawei unveils new foldable phone details

Huawei has launched a new version of its foldable smartphone (Mate Xs 2) aimed at strengthening its position in the Chinese luxury phone market, amid strong competition from Apple and Xiaomi, which will soon unveil new products. The phone features an improved foldable mechanism, water resistance, and upgraded cameras, offering a 42% better performance compared to the previous version. It is priced starting at approximately $2,980 and will be available for purchase beginning September 12. Huawei is considered a leading player in the Chinese market with a 22.6% share in the second quarter, surpassing Apple, which holds an 18.1% share, despite challenges from American sanctions that prevent it from selling products in the United States.

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