SHENZHEN, China (Reuters) – China’s Huawei Technologies on Tuesday unveiled a $2,800 tri-foldable phone as it seeks to extend its lead in the world’s biggest smartphone market and steal the spotlight from Apple hours after it debuted a new iPhone.
The Chinese tech giant showed off its new Mate XT, which users can fold three ways like an accordion screen door, during a launch ceremony in the southern tech hub of Shenzhen.
The device has already received more than 4 million pre-orders, for which no deposit is required, according to the company’s website. The entire global market for foldable phones was around 4 million units in the second quarter, according to research firm IDC.
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Source: https://finance.yahoo.com/news/huawei-teases-tri-fold-smartphone-020253517.html
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