Earlier today (17th January 2022), a known tipster on Weibo (a Chinese microblogging website) revealed interesting information regarding the next generation of foldable smartphone from Xiaomi. Apparently, the company has already started work on this device, which will feature a clamshell folding design.

Back in 2021, the Chinese tech giant had released its first ever foldable handset, which was the MIX Fold. It featured a vertical hinge, which meant that it folded horizontally similar to the Samsung Galaxy Z Fold3. Furthermore, it launched with a price tag of 9,999 Yuan (roughly 1,575 US Dollars), which almost as expensive as its Samsung counterpart. Although, the device was still one of the more affordable foldable devices in the market.
Now, known tipster Digital Chat Station has revealed that the company is working on a new foldable phone, which features a vertically folding horizontal display. However, its most notable aspect would be its price, as the tipster claims that the company might launch it closer to a mainstream flagship price. This would be a big deal considering, the cheapest foldable phone still costs over 1,000 US Dollars. We had previously even reported on a Xiaomi patent that showcased such a vertically folding phone.

In the social media post, the tipster also revealed one key details regarding the upcoming Xiaomi foldable phone. Reportedly, this device will feature a FHD+ resolution and 120Hz high refresh rate. Under the hood, the phone will apparently houses a Qualcomm Snapdragon 8 Gen series processor. Keep in mind that this is still just an unconfirmed report so take it with a pinch of salt for now and stay tuned for more updates.
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