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As the Apple consumer community eagerly awaits for the highly anticipated iPhone 16 launch, Chinese tech giant Huawei has stolen some of the spotlight with its own groundbreaking smartphone offering. According to Huawei's website, the company has already racked up a staggering 3 million preorders for its new Mate XT tri-fold smartphone, underscoring its fierce determination to stay competitive in the cutthroat global smartphone market.
The Mate XT, Huawei's latest folding phone innovation, is scheduled to be unveiled at a launch event on Tuesday, just hours after Apple's iPhone 16 debut. Preorder customers will receive details on how to purchase the device on the day of the launch, rather than placing a down payment upfront.
This remarkable pre order figure is a clear testament to Huawei's resilience and ability to navigate the challenging landscape of U.S. sanctions. Despite the political headwinds, the Chinese tech titan has managed to solidify its position as a formidable competitor to industry titan Apple, which has recently resorted to price cuts in a bid to sustain its market share.
"Huawei's ability to generate over 3 million preorders for its tri-fold smartphone, just ahead of Apple's iPhone 16 launch, is a remarkable feat," said industry analyst Jia Kang. "It underscores the company's technological prowess and its unwavering commitment to innovation, even in the face of significant geopolitical obstacles."
The Huawei launch event will take place shortly after Apple's highly anticipated Sept. 9 event, where the Cupertino-based company is expected to unveil its latest iPhone 16 lineup, with a strong emphasis on integrating advanced artificial intelligence features into its flagship devices.
Huawei's dominance in the foldable phone segment is further highlighted by a recent report from research firm IDC, which revealed that the Chinese tech giant held a commanding 42% share of the domestic foldable phone market in the second quarter of 2024. This positions Huawei as the undisputed leader in this rapidly evolving segment of the smartphone industry.
Huawei's ability to garner such a staggering number of preorders for its innovative tri-fold device is a clear indication that the company is not content to rest on its laurels. With the iPhone 16 launch looming, the stage is set for a titanic clash between two.
