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China’s Xiaomi unveils folding phone with home-grown chip as it takes on Apple, Huawei

Xiaomi unveiled a series of new products on Monday – from a flagship foldable phone featuring proprietary chips to new models of its premium Skynomad SUV – underscoring the Chinese giant’s intensified push to compete against rivals including Tesla, Apple and Huawei Technologies. Beijing-based Xiaomi launched the 18 Fold, a foldable phone featuring a 7.58-inch inner display, a proprietary Xring O3…

China’s Xiaomi unveils folding phone with home-grown chip as it takes on Apple, Huawei

Xiaomi showcased a range of new products on Monday, including a flagship foldable phone and models of its premium Skynomad SUV, as the Chinese tech giant intensifies its efforts to compete against rivals like Apple and Huawei. The 18 Fold, a foldable phone with a 7.58-inch inner display and a proprietary Xring O3 system-on-chip, was unveiled by Xiaomi's founder and CEO Lei Jun during an event in Beijing.

The Xring O3 chip, which boasts 24 billion transistors, offers a 60 per cent increase in CPU performance compared to its predecessor, while reducing power consumption by 25 per cent in certain tasks. The phone will retail for 10,999 yuan (US$1,639) upon launch on Thursday. Meanwhile, Xiaomi also unveiled models of the extended-range Skynomad SUV series, with prices starting at 209,900 yuan for the five-seat N70 Pro and 269,900 yuan for the seven-seat N90 Max.

Written by urgent.news from SCMP Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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