Chinese tech giant Huawei unveiled its Mate XT 2 tri-fold smartphone on Monday, powered by the latest Kirin 9050 Pro chip – the first high-performance processor to adopt logic folding technology – at a launch event in Guangzhou, South China's Guangdong Province.

Mate XT2 launch comes as Apple set to soon release its first foldable iPhone

Coming just ahead of new models from Apple and Xiaomi, the device highlights a fierce battle in the high-end foldable market.