HUAWEI on Tuesday held a global launch for the industry’s first tri-foldable phone, which analysts said marked a symbolic victory for the Chinese tech giant amid U.S. technology curbs. However, challenges over pricing, longevity, supply and app constraints may limit its success.
Huawei said at a launch event in Kuala Lumpur that the Huawei Mate XT, first unveiled in China five months ago, will be priced at 3,499 euros ($3,662). Although dubbed a trifold, the phone has three mini-panels and folds only twice. The company says it’s the thinnest foldable phone at 3.6 millimeters (0.14 inches), with a 10.2-inch screen similar to an Apple iPad.
“Right now, Huawei kind of stands alone as an innovator” with the trifold design, said Bryan Ma, vice president of device research with the market intelligence firm International Data Corp.
Huawei reached the position despite “not getting access to chips, to Google services. All these things basically have been huge roadblocks in front of Huawei,” Ma said, adding that the “resurgence we’re seeing from them over the past year has been quite a bit of a victory.”
IDC’s Ma said Huawei dominated the foldable phone market in China with a 49 percent market share last year. In the global market, it had a 23 percent market share, trailing behind Samsung’s 33 percent share in 2024, he said. IDC predicted that total foldable phone shipments worldwide could surge to 45.7 million units by 2028, from over 20 million last year. / AP