Huawei’s new Mate XT, priced at $2,800, has garnered 3.6 million pre-orders in China. The tri-foldable phone’s unique design and advanced features highlight Huawei’s dominance in the foldable smartphone market.
The Mate XT, equipped with an AI-powered assistant, offers advanced functions like text summary and photo editing. Powered by Huawei’s Kylin chips, these AI capabilities enhance the user experience. This innovative device sets a new standard in folding technology, boasting a 10.2-inch screen and a keyboard that fits into a pocket.
Despite U.S. sanctions, Huawei continues to challenge global competitors. The launch closely follows Apple’s iPhone 16, but Huawei’s advanced AI features give it an edge in the local market. The Mate XT’s sleek design, at just 3.6mm wide, further strengthens its appeal to tech enthusiasts.
Although priced steeply, analysts believe it won’t affect global competitors like Apple or Samsung. Instead, it solidifies Huawei’s standing as a tech innovator. Huawei holds a 27.5% global market share in foldable phones, ahead of Samsung’s 16.4%, according to IDC.
In China, Huawei leads the foldable market with a 42% share, far surpassing competitors. Although its high price and production limits may hinder widespread adoption, the Mate XT showcases Huawei’s technological prowess.
The foldable smartphone market grew by 57% in the second quarter of this year. Despite this, it represents only a small portion of the wider smartphone market. Yet, Huawei’s Mate XT has already made its mark as a symbol of cutting-edge innovation.