Huawei Unveils $2,800 Tri-Fold Phone—A Bold Rival to iPhone 16

Huawei Unveils $2,800 Tri-Fold Phone—A Bold Rival to iPhone 16

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Updated on: October 9, 2024 2:16 pm GMT

Huawei’s Tri-Fold Phone Makes a Bold Statement Against Apple’s iPhone 16

BEIJING — In a striking move timed to coincide with the launch of Apple’s iPhone 16, Chinese tech giant Huawei has unveiled its latest mobile innovation: the Mate XT, a tri-fold smartphone that starts at a staggering price of approximately $2,800. The device, which has already garnered over four million pre-orders since it became available, aims to set a new standard in the competitive smartphone market and re-establish Huawei’s prominence in an industry that has seen it struggle under international sanctions.

Setting the Stage for Competition

Huawei’s launch event took place just hours after Apple introduced its latest lineup of smartphones, including the more affordable iPhone 16 and high-end iPhone 16 Pro Max, which start at $799 and $1,199 respectively. This strategic timing highlights the fierce rivalry between the two companies, particularly in the lucrative Chinese smartphone market where Apple has faced declining market share. With the Mate XT, Huawei seeks to reclaim its status amidst a backdrop of renewed momentum following previous sanctions.

The Mate XT: Features and Specifications

The Huawei Mate XT distinguishes itself with several cutting-edge features and designs:

  • Tri-Fold Design: The device utilizes a unique dual-hinge mechanism that allows it to fold in a “Z” shape. Users can display content in various configurations, with a versatile 10.2-inch OLED screen when fully opened.
  • Advanced Pricing and Models: The phone is available in three different storage configurations, starting at 19,999 yuan ($2,809) for the 256GB model, scaling up to 23,999 yuan ($3,370) for the 1TB variant. All models come equipped with 16GB of RAM.
  • Power and Performance: The device houses a robust 5,600mAh battery with fast-charging capabilities of 66W wired and 50W wireless. It features a sophisticated camera setup, including a 50-megapixel main camera and a selfie camera embedded in the display.
  • AI Capabilities: Although Huawei didn’t provide extensive details about AI features, basic functionalities like text translation and cloud-based content generation will be included.

Huawei’s Recovery Efforts

Richard Yu, the chairman of Huawei’s consumer business group, emphasized the company’s determination to innovate despite facing significant challenges in recent years. Following the U.S. sanctions imposed in 2019, Huawei’s smartphone sales suffered considerably. However, with the recent success of models like the Mate 60 Pro and the Mate X5, the company is signaling a potential recovery phase.

“As we encounter these challenges, we have continued to invest in R&D, and five years of effort on the Mate XT showcases our resilience and commitment to delivering groundbreaking technology,” Yu stated during the presentation.

The Competitive Landscape

The smartphone market has seen a dramatic shift. According to research firm Canalys, for the first time, domestic Chinese brands secured all of the top five spots in the smartphone vendor rankings within the country. Huawei ranked fourth, shifting Apple’s position to sixth place. This trend raises questions about Apple’s future strategies in response to growing competition from Chinese manufacturers.

The launch of the Mate XT signals a significant competitive wave, particularly in the high-end smartphone market. With both firms introducing innovative features—Apple focusing on generative AI capabilities and Huawei highlighting its tri-fold technology—the stakes have never been higher.

Consumer Expectations and Market Implications

Despite the overwhelming interest in pre-orders, analysts express caution regarding actual sales, attributing potential hurdles to pricing and availability concerns. The Mate XT’s price point far exceeds most traditional smartphones, placing it firmly in the luxury category. However, the pent-up demand for innovative devices could lead to a surge in sales if Huawei can effectively market the product and ensure adequate supply.

Conclusion

As Huawei seeks to solidify its identity in a re-emerging market dominated by domestic competitors, the Mate XT will not only challenge Apple’s iPhone 16 but also test the waters for Huawei’s long-term recovery strategy. Whether the Mate XT achieves commercial success remains uncertain, but the launch undoubtedly amplifies the ongoing rivalry between these tech giants, creating ripples in the global smartphone landscape.

If you want to learn more about new technology and how businesses plan to succeed, check out CNBC or Canalys.

I'm a technology editor and reporter with experience across the U.S., Asia-Pacific, and Europe. Currently leading the technology beat at Campaign US from Austin, TX, I focus on the ethics of the tech industry, covering data privacy, brand safety, misinformation, DE&I, and sustainability. Whether examining Silicon Valley giants or disruptive startups, I’m passionate about investigating code, analyzing data, and exploring regulatory documents.