Huawei to unveil 5G foldable smartphone

Move represents latest push in fueling consumers' interest to upgrade devices

Huawei Technologies Co Ltd will unveil its first commercial 5G foldable smartphone in February, as the Chinese technology giant seeks to overtake Samsung Electronics Co Ltd to be the world's largest smartphone vendor.

Yu Chengdong, CEO of Huawei's consumer business group, said the foldable handset will be equipped with its 5G modem Balong 5000, which the company described as the most powerful 5G modem in the world.