Xiaomi's upcoming foldable is rumored to be significantly more affordable than the Galaxy Z Fold 3. What you need to know A new report suggests at least five new foldable phones will launch in Q3 2021. Samsung is expected to unveil the Galaxy Z Fold 3 and Galaxy Z Flip 3 at an Unpacked event in July. Xiaomi, OPPO, and Vivo are also tipped to launch new foldable phones in the next quarter. Samsung will not be the only smartphone maker to launch new foldables in the third quarter of the year, according to a report from DigiTimes . Citing industry sources, the report claims Xiaomi, OPPO, and Vivo also plan to launch new foldables in the next quarter to challenge Samsung's best foldable phones . Xiaomi, which announced its first foldable phone in March, is reportedly planning to launch a more affordable device to challenge Samsung. Per the report, the company's next foldable phone will be priced lower than the Mi Mix Fold 's launch price of 9,999 yuan ($1,570). OP