Xiaomi unveiled the 18 Fold, a foldable smartphone with a custom-designed Xring O3 SoC, 7.58-inch display, and 200MP main camera. Starting at 10,999 CNY (~54,000 THB), it's positioned for the Chinese market with a new deep red color option. The timing and design strategy appear to shadow Apple's anticipated foldable announcement, though availability remains China-only for now.