China’s Oppo heats smartphone landscape, launches AI-powered foldable at competitive prices – Alibaba Gr Hldgs (NYSE: BABA), Apple (NASDAQ: AAPL)

China’s Oppo Thursday unveiled its new flagship foldable phone with AI capabilities and intensified competition with premium smartphone companies Apple AAPL,,,,, Samsung Electronics SSNLF and Huawei.

Due to the lack of AI capabilities of smartphones, iPhones accounted for 18% of the global market share in 2024, down from 19% in 2023. Samsung led the market share in 2024 with 19%, down from 20% in 2023.

Similar to competitors, Oppo remains committed to AI-centric features on devices.

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According to a CNBC report, Oppo’s ultra-slim design, a 6.62-inch display and half-foldable Find N5 phone, retails for SGD 2,499 ($1,867.70).

Find the N5’s 5,600 mAh (MAH) battery, made of silicon carbon material, the size of a credit card. The Oppo Find N5 has a triple camera setup with a telephoto lens, thanks to the AI ​​telescope zoom, which can be zoomed 30 times.

The phone also has a personal AI assistant that explains and summarizes documents, generates a phone summary and translates video calls.

Oppo’s O+ connection allows users to connect their phone to their Mac computers. Oppo use Alphabet Inc GOOG GOOGL Google is its AI partner in the international market.

Recently, Huawei launched the Mate XT, a “Trifold” phone with three screens for use in the international market. Samsung recently introduced other AI features on its new flagship Galaxy S25 series.

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Compared to Apple, Chinese-backed players such as Oppo, Vivo, Xiaomi and Huawei enjoy considerable discounts on their AI-powered smartphones.

Apple also Baidu Company Bydu. Recently, Apple showed off its $599 iPhone 16e, which includes an OLED display, an A18 chip and a custom modem.

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Photos via Oppo