Vivo is now believed to have a third-gen foldable smartphone in the works. The X Fold3 is painted as capable of taking on rivals such as the OnePlus Open with on-trend camera specs such as a periscope zoom lens. However, it is also slated to upgrade to the current top-end Snapdragon 8 Gen 3 processor, while retaining a feature missing from its potential OnePlus counterpart.