It is worth noting that Xiaomi has teased folding smartphones in the past, but we’re yet to see anything concrete from the company on that front. That said, it might be different this time around, with noted display industry analyst, Ross Young, suggesting that China Star will start manufacturing display panels for a new Xiaomi foldable by the end of the year. According to him, the device will have an “8-inch out-folding display” and should launch globally next spring.

— Ross Young (@DSCCRoss) October 30, 2020 In spite of teething troubles in the first couple of years, folding smartphones are becoming increasingly more common with companies like Samsung, Huawei and Lenovo (Motorola) launching multiple models with varied designs and form factor. With Xiaomi now expected to throw its hat into the ring, it will be interesting to see what that does to competition in what is still a relatively niche segment in the smartphone industry. Either way, there’s no further info about the rumored smartphone, although the report claims that it might be powered by a Snapdragon 800-series processor. Which is just as well, given that it is likely to be priced at a premium, if only for its new-age form factor. That said, we don’t know a whole lot about the upcoming device as of now, so let’s hope Xiaomi gives us a few details about it in the coming days.