Huawei has officially launched the Mate XT, the world’s first triple-folding phone, at a staggering price of $2,800. The phone was unveiled at the company’s headquarters in Shenzhen, China, and will go on sale on September 20. With over three million people already registered to buy the phone, it’s clear that there’s significant interest in this innovative device.
The Mate XT boasts a sleek red and gold design, transforming into a 10.2-inch tablet and weighing 298 grams. Huawei executive Richard Yu highlighted the company’s efforts in solving mass production and product reliability issues, making this phone a premium offering for a niche audience.
While the phone’s price may be out of reach for many, analysts believe it will fortify Huawei’s position as a leader in the foldable phone sector and showcase its technological leadership. The company’s target consumer group, China’s most affluent consumers, may not be deterred by the high price, given their increased purchasing power.
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