The Huawei Mate Xs will be officially announced at MWC in February according to CEO Richard Yu.
The Kirin 990 5G is built on the 7nm+ EUV process and comes with an integrated 5G modem.
The launch of the Huawei 5G Mate X smartphone was delayed twice this year due to tech supply disruptions.
The Moto Razr is expected to sport a Snapdragon 710 with up to 4 or 6 GB of RAM and 64 or 128 GB of storage.
It is believed that after the October launch in China, the Mate X may roll-out globally in November.
Huawei might put a new Kirin 990 processor in its upcoming foldable smartphone, Mate X.
More details about the chipset should be revealed at Huawei's IFA 2019 keynote.
Huawei Mate X is expected to come with 5G technology along with 8 GB RAM + 512 GB storage variant.
Huawei, in an effort to compete with Galaxy Fold, had rushed its signature product the Mate X.
The fold on the Sony device will be like the Huawei Mate X which means that the device will fold outwards.
The Galaxy Fold was expected to relaunch in July but Samsung hasn't announced a date so far.
The Microsoft foldable device will also have the capability to run Android apps and iCloud.
Earlier, the Mate X was supposed to be launched in summer but was pushed ahead for more testing.
Earlier, the company was targeting a release of the device in mid-2019 around April and June.
The announcement comes days after some Galaxy Fold reviewers reported problems with their test units.
Galaxy Fold users said they did not know what the problem was and Samsung did not provide answers.
The Huawei Mate X and the Samsung Galaxy Fold are both priced in and around $2000.
Xiaomi's first foldable phone is expected to arrive within the second quarter of this year.
Huawei Mobile's Senior Product Marketing Director talks to us about the making of the Mate X.
The Galaxy S10 5G will likely arrive before the first consumer 5G networks are launched in the US.