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Huawei announced it has received more than 3 million pre-orders for its new tri-fold Mate XT, just hours before Apple is set to unveil its iPhone 16 lineup, positioning the two tech giants for a major market clash.
Huawei Secures 3 Million Pre-Orders Before iPhone 16 Launch
On Monday, the website of the Chinese technology giant Huawei revealed that it has received more than three million pre-orders for its triple-folding smartphone. This news comes just a few hours before Apple is scheduled to unveil its next generation of iPhones.
In accordance with the announcement made on Huawei's WeChat social media account, the Z-shaped tri-fold phone known as the Mate XT is going to be presented to the public at a launch event on Tuesday.
No Down Payment Required for Mate XT Pre-Orders
Reuters reports that buyers who have pre-ordered the phone will not be required to make a down payment but will instead receive information on how to purchase the phone on Tuesday, the day of the launch event.
As a result of this substantial pre-sale figure, Huawei has demonstrated its capacity to manage the sanctions imposed by the United States and has strengthened its position as a significant competitor to Apple, which reduced its prices earlier this year in order to maintain its market dominance.
Artificial Intelligence Features Key to iPhone 16
According to US News, the launch event for Huawei will take place not long after the event that Apple is scheduled to hold on September 9. At that event, the firm is going to announce its iPhone 16 lineup, with a particular emphasis on the incorporation of artificial intelligence elements in its flagship devices.
As per the findings of the consultant IDC, Huawei emerged as the most prominent seller of foldable phones in China during the second quarter, capturing a domestic market share of 42%.
