Chinese tech giant, Huawei has Today, unveiled its new smartphone, believed to be the world’s first trifold phone, shortly after its US competitor, Apple phones unveiled its new iPhone built for AI. The phone name, Mate XT, was officially presented to the public in a keynote display by Huawei Chief Executive, Richard Yu, at the firm’s headquarters in the southern city of Shenzhen. China.
According to mr YU, Mate XT was originally designed as a premium phone for a specific audience, however, currently over three million people have indicated interest in buying the Mate XT ahead of its launch.
Mate XT, advertised in a sleek red and gold design, the phone will be officially on sale on September 20, where every prospective buyer can access.
The company Huawei said, Mate XT Prices begin at 19,999 yuan ($2,800) .
In his keynote address, Yu said, “Huawei has always been a leader in the foldable phone industry”.
“This is the world’s first triple-folding phone,” he said.
“We have put in a huge amount of effort into solving the problems regarding mass production and product reliability,” he added.
Huawei competitor Apple announced its iPhone 16 releases comes a day after, Apple built for the generative artificial intelligence, AI as it seeks to boost sales and keep up in the technology race.
According to recent release by Canalys, A Chinese research company, Huawei is currently China’s fourth-largest smartphone maker, shipping 10.6 million units in the last quarter.
The company was once the country’s largest domestic Smartphone maker before it ventured in a tech war between Washington and Beijing.
During their development of the 5G technology, the US sanctions cut-off of its access to US technology and crippled its smart phone business — but it made a surprise comeback last year with Smartphone powered by domestically made chips.
Analysts said the launch of its trifold phone could further boost the company’s “technological leadership”.
Senior analyst at Canalys, Toby Zhu told AFP that “It will fortify its position as a leader in the foldable phone sector among consumers”.
However, another expert said it was unlikely to make a big dent in Apple’s sales in the premium phone sector given its price and the initial stockpile.
“Its impact on Apple’s market share is likely to be very limited given Apple’s strong ecosystem and broader appeal,” said Ethan Qi, associate director at research firm Counterpoint. AFP.
