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Huawei releases 5G foldable phone ahead of Apple's big launch event

Device introduced with little fanfare follows new Mate 60 Pro in using in-house chips

Chinese technology titan Huawei introduced the Mate X5 smartphone on Sept. 8. Foldable devices are the only growing sector in a tepid handset market.   © Getty Images

TAIPEI -- Huawei Technologies' comeback in the smartphone market is gathering momentum with the release of its second 5G-capable device in just over a week, this time a foldable phone that went on sale days ahead of a much-anticipated launch event by rival Apple.

The Chinese technology titan introduced the Mate X5 on Friday, following up the surprise release on Aug. 29 of the Mate 60 Pro, its first 5G phone using in-house chips since Washington cut off the company's access to vital technologies.

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