HUAWEI Technologies Co., its spinoff brand Honor and Lenovo Group Ltd.’s Motorola have introduced plans for new foldable phones in recent days, betting on the nascent form factor to win over the ultra-competitive Chinese market. Each company is billing its upcoming device as a top-of-the-line handset, with Huawei pricing its P50 Pocket at 8,988 yuan (US$1,410), Honor calling the Magic V its first foldable flagship and a Lenovo executive teasing Motorola’s third attempt at a Razr clamshell handset. Huawei is already selling its foldable device in China after announcing it in a streamed event Dec. 23. The smartphone market is expected to grow to 1.35 billion shipments in 2022, according to IDC data, and novel form factors and capabilities like 5G wireless networking will be key to winning over customers. Market leader Samsung Electronics Co. is already several generations into its foldables lineup, which saw its best sales yet with the release of the US$999 Galaxy Z Flip 3 clamshell in August. Leading Chinese brands Xiaomi Corp. and Oppo both launched their own book-like Android devices this year while close competitor Vivo has experimented with various form factors as well. Apple Inc. has considered the category but there are no foldable iPhones imminent. Honor and Motorola are looking to break into the top tier of global brands while Huawei is attempting to stage a recovery after being derailed by Trump-era sanctions. The P50 Pocket is powered by Qualcomm Inc.’s Snapdragon 888 chipset, replacing Huawei’s in-house HiSilicon processors that it can no longer produce. (SD-Agencies) | 