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Fortune
Fortune
Lionel Lim

Huawei’s tri-fold phone crosses 3 million preorders as Chinese tech giant keeps up pressure on Apple in China

(Credit: CFOTO/Future Publishing/Getty Images)

The fortunes of Apple and Huawei have seemingly gone in opposite directions since Huawei unveiled a smartphone featuring an advanced chip in August 2023. Since then, the Chinese tech giant has chipped away at Apple’s market share in China.

This week, Huawei is looking to upstage Apple again. It’s expected to release the Mate XT, the first commercially produced tri-fold phone, at its product launch event on Sept. 10, 2:30 p.m. Beijing time. That’s just hours after Apple’s own product launch event, where the U.S. tech giant is expected to unveil its latest iPhone equipped with AI applications, along with updates to the Apple Watch and AirPods.

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