Foldable phone race heats up as Fositek surges nearly 8% before Apple launch
AI Summary- Huawei and Xiaomi launched new foldable flagship smartphones before Apple’s expected debut.
- Fositek reported August revenue of NT$1.528 billion, up 29.14% year-over-year.
- Counterpoint forecasts cumulative global foldable shipments will exceed 100 million units by 2026.