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American Focus > Blog > Economy > Huawei’s tri-fold phone gets 2.7 million pre-orders before iPhone 16 launch
Economy

Huawei’s tri-fold phone gets 2.7 million pre-orders before iPhone 16 launch

Last updated: September 8, 2024 11:25 pm
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Huawei’s tri-fold phone gets 2.7 million pre-orders before iPhone 16 launch
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Huawei is set to unveil a groundbreaking tri-fold smartphone on September 10th, just hours after Apple’s highly anticipated iPhone launch. The Chinese tech giant has already generated immense buzz, with over 2.7 million pre-orders for its innovative Mate XT device, as reported on its official website.

Pre-orders for the Mate XT began over the weekend, more than two days ahead of Apple’s iPhone 16 launch. Huawei’s product launch is scheduled for 2:30 p.m. on Tuesday, with sales officially commencing on September 20th. Despite the high demand, the company has not yet disclosed the pricing details for the tri-fold smartphone.

In a surprising turn of events, Apple recently lost its position in the top five smartphone vendors in China during the second quarter, according to market research firm Canalys. This marked the first time that domestic brands claimed all five spots on the list. Huawei secured the fourth position with 10.6 million smartphones shipped, outperforming Apple in the competitive Chinese market.

While Huawei and other Chinese competitors have already introduced folding and flip phones, Apple has yet to venture into these innovative categories. The tech giant shipped 10 million phones in the first quarter, but its absence from the foldable phone segment may impact its market share in the long run.

With the launch of the Mate XT, Huawei aims to solidify its position as a pioneer in smartphone technology and cater to the growing demand for innovative devices. As the battle for market supremacy continues, consumers can expect a fierce competition between Huawei and Apple in the ever-evolving smartphone industry.

See also  Is JPMorgan Chase & Co. (JPM) the Safest Bet Among NYSE Dividend Stocks?
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