Huawei Technologies on Tuesday, September 10, presented the world’s first commercial tri-fold smartphone called Mate XT.

The cost of the mentioned device developed by one of the largest Chinese technology companies, starts at 19,999 yuan ($2,812) for the mainland market. It is worth noting that the presentation of this smartphone took place almost simultaneously with the debut of Apple’s iPhone 16, Huawei’s competitor.

The Mate XT has a 10.2-inch screen and a slim 3.6mm profile in a fully opened. It is also worth noting that artificial intelligence and satellite connectivity functions have been integrated into this device.

The smartphone presented by the Chinese technology giant has 256 gigabytes of memory in the basic modification.

Richard Yu Chengdong, chairman of Huawei’s consumer business group, said that the company’s product, which debuted on Tuesday, made it possible and reliable to fold two hinges inward and outward. During the Mate XT presentation in Shenzhen, he also noted that for many years the firm has made significant efforts to develop the hinges aimed at solving the problem of mass production. Separately, Richard Yu Chengdong said that the company will try to increase the yield to reduce manufacturing costs.

Huawei started pre-orders for the Mate XT over the weekend. As of Tuesday, more than 4 million units of this model had been reserved. The official launch of sales of the new smartphone is scheduled for September 20. It is worth noting that retail sales of the iPhone 16 will begin on the mainland on the same day. In this case, there is a clear strive for Huawei to compete with Apple.