Xiaomi is expected to introduce foldable smartphones. According to Young, Xiaomi may launch as many as three foldable smartphones in 2021, with three different design templates - smartphones that are out-folding, in-folding and clamshell phones.

Young has also pegged Xiaomi's out-folding phone to be the Huawei Mate X. An 8-inch screen can be expected from the out-folding smartphone, which is to have a larger screen than the in-folding variant. Huawei, also another Chinese smartphone maker, had come out with its foldable smartphone in November 2019, with global market access beginning March this year.

Earlier this month, Young had revealed that companies including OPPO, Vivo, and Xiaomi will together launch four foldable phones next year, with possibilities of Google also rolling one out in 2021.

The foldable smartphone segment is seen to be gaining traction in the market, incentivising companies to make more of them. With limited companies offering foldable phones as of now, the advent of companies like Xiaomi and Oppo will expand the market and increase competition, ensuring affordable foldable phones for users.  

Xiaomi had filed a design patent in China for an inward-bending foldable smartphone with a quad-camera system. The company has also put-up 48 images to showcase the phone, which is expected to be its flagship model for the foldable-phone lineup. 

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