Huawei Unveils $2,800 Tri-Foldable Phone to Rival Apple's New iPhone

Huawei Technologies launched a $2,800 tri-foldable phone, Mate XT, aiming to dominate the smartphone market and challenge Apple's new iPhone 16. The Mate XT features advanced AI capabilities, a Kylin chip, and foldable design. Despite high pre-orders, analysts predict limited sales due to high pricing and production constraints.

Huawei Technologies, the Chinese tech giant, unveiled a $2,800 tri-foldable phone, the Mate XT, in a bid to dominate the smartphone market and steal the limelight from Apple's new iPhone 16. The Mate XT, capable of being folded three ways, was showcased at a grand launch event in Shenzhen.

The innovative device, distinguished by its AI functionalities powered by Huawei's proprietary Kylin chips, has already received over 4 million pre-orders. Despite the impressive numbers, analysts caution that the high price and limited production may curb its market impact.

This launch underscores Huawei's resilience amidst U.S. sanctions and highlights its competitive stance against Apple, especially given the latter's delayed AI integration in the Chinese market. The tri-fold phone symbolizes Huawei's tech prowess and ongoing battle for supremacy in the ever-evolving smartphone industry.

(With inputs from agencies.)