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 system-on-chip (SoC), and LPDDR6 memory chips from ChangXin Memory Technologies (CXMT), said Lei...