Apple and Huawei are set to launch new foldable phones, aiming to revitalize a struggling global smartphone market predicted to see a double-digit decline in shipments. Analysts anticipate Apple's first foldable iPhone, expected at their September event, could significantly boost the category's momentum. Huawei will also unveil its upgraded Mate XT 2 device shortly before Apple's announcement. The entry of these major players is expected to reshape the foldable market, with Apple projected to capture a substantial share. AI
RANK_REASON This is a product launch announcement for consumer electronics, not a core AI development.
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