Xiaomi announces the Mi Mix Fold, its folding phone - Prices start at $1,521

The Mi Mix Fold is a foldable phone similar to the Samsung Galaxy Z Fold series and the new Huawei Mate X2.

The inner screen is an 8.01-inch 4:3 OLED panel with 2480 x 1860 resolution, a standard display brightness of 600 nits (900 peak), and support for Dolby Vision HDR. Xiaomi says the display is able to withstand being folded 200,000 times. The outer screen is 6.52-inches with a 90Hz refresh rate. Xiaomi is making big claims about the Mi Mix Fold’s audio capabilities, with four Harman Kardon-tuned speakers and what the company describes as 3D panoramic sound.

The processor is a Qualcomm Snapdragon 888 paired with 12GB or 16GB of RAM and 256GB or 512GB of storage. Battery capacity is 5,020mAh.

The new Mix is also the first phone to use liquid lens technology in its camera. Xiaomi says that it allows for a telephoto lens with a close focusing distance of 3cm and optical zoom of 3x, or 30x hybrid zoom. The rest of the camera system is comprised of a Samsung HMX 108-megapixel main sensor and a 13-megapixel ultrawide.

The Mi Mix Fold is very much going on sale — people in China are able to preorder it as of today, and it’ll ship on April 16th. Prices start at 9,999 yuan (around $1,521) for a model with 12GB of RAM and 256GB of storage, going all the way up to 12,999 yuan (around $1,978) for a 16GB / 512GB ceramic special edition. There’s no word yet on a release outside of China.