According to a flash report from August 24, Xiaomi Corp is gearing up for the release of its highly anticipated 18 Fold foldable smartphone, which will debut with the newly developed Zircon O3 processor. The device is scheduled to hit the market in September.

The announcement underscores Xiaomi's push to strengthen its position in the premium foldable segment, with the in-house Zircon O3 chip expected to deliver enhanced performance and efficiency. Further details on pricing and availability are expected closer to the official launch date.