
A Premium Phone for a Niche Audience
Initially designed for a niche audience, the Mate XT has generated significant interest, with over three million people registering to purchase the device ahead of its launch. The phone features a sleek red and gold design and will officially go on sale on September 20, with prices starting at 19,999 yuan ($2,800).
A Technological Leap
Huawei claims the Mate XT is the world’s first triple-folding phone, showcasing the company’s leadership in the foldable phone industry. Richard Yu emphasized the significant effort invested in solving mass production and product reliability issues.
A Strategic Move
The Mate XT’s release comes on the heels of Apple’sannouncement of its iPhone 16, built for generative artificial intelligence. Huawei aims to boost sales and maintain its position in the technology race.
A Comeback Story
Huawei, once China’s largest domestic smartphone maker, faced significant challenges due to US sanctions. However, the company made a surprise comeback last year with smartphones powered by domestically made chips. It currently dominates over half of the domestic market share in foldable phones.
Analyst Insights
Industry analysts believe the Mate XT’s launch will further solidify Huawei’s technological leadership in the foldable phone sector. However, its impact on Apple’s market share in the premium phone sector is expected to be limited due to Apple’s strong ecosystem and broader appeal.
Key Specifications
World’s first trifold phone
Sleek red and gold design
Officially goes on sale on September 20
Prices start at 19,999 yuan ($2,800)
Over three million people registered interest in buying the Mate XT ahead of its launch












