In case you missed the unveiling, the Galaxy Fold wields a main 7.3-inch QXGA+ Dynamic OLED screen (4.2:3 aspect ratio) when opened up, and a 4.6-inch HD Super AMOLED (21:9 aspect ratio) cover display to use when closed. In contrast, Samsung's closed Galaxy Fold leaves you with a mere 4.6-inch display.
Functionality-wise Huawei promised that this design offers two-app multitasking while in tablet mode.
Huawei has also included a neat little feature called Mirror shooting that lets you see your picture as it's being taken.
There are no camera bumps on this phone and the fingerprint sensor is directly on the power button.
"It's not critical for us to be first, but to have a very good understanding of the technology and what's possible", Streit said. "In the folded mode, the front display measures 6.6" and a resolution of 2,480 x 1,148p, while the rear measures 6.3" with a 2,480 x 1,052p resolution.
The Mate X, by comparison, seems like a complete product that is read for the market today. The other one, with the spine, is 6.38 inches across and 2480 x 892 pixels in resolution. The device has one thick side meant for gripping purposes.
Check out that "falcon hinge" design. It's to be noted that this seems to be the weak-point of Huawei's design as it doesn't look almost as refined as Samsung's attempt. However, based on the sheer look of this thing alone, we already can't wait to get our hands it. Well like all the foldable phones we've seen, it's phone that folds out and creates a tablet. It's to be noted that the devices that were presented were still early designs - so Huawei might be able to iterate here and provide something more robust in commercial units.
Huawei's Mate X has just the one screen on the outside.
The bar holds the camera set up, USB-C port and more while dual batteries in each half of the display makes up a 4500mAh battery.
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The device will also have 55W SuperCharge, making it the fastest charging smartphone, and Huawei says the Mate X can top up 85% of the battery in 30 minutes.
When folded, the thinner side of the Mate X tucks in nicely against the spine.
Yu also criticised how other foldable phones used notches or hole-punch displays to incorporate a front-facing camera, with the Mate X's screen covering the entire device virtually interrupted.
Huawei, which is also the world's biggest producer of telecoms equipment, is under intense scrutiny in the West over USA -led allegations of enabling Chinese state espionage, accusations which the company denies.
What do you think of the new Mate X? And there's a Kirin 980 processor on board.
Compared to the Galaxy Fold, the Mate X has some noticeable advantages that make it a more promising foldable phone.
Finally, Huawei showcased its 5G CPE Pro mobile router, which is aimed at taking 5G connectivity into the home allowing for the transmission of 8K video in real time.
This article is breaking news - we'll be updating the article as Huawei CEO Richard Yu further details the hardware of the phone.