Huawei Technologies unveils a three-way foldable phone on Tuesday, as it seeks to widen its lead over Apple in the world's biggest smartphone market with a new form factor that has gained popularity in the China market.
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Just hours after Apple unveiled its latest iPhone model, Huawei is holding a launch event of the new Z-shaped smartphone Mate XT which was displayed on its flagship e-commerce stores in mainland China a day earlier.
Huawei's website showed on Tuesday that it had garnered more than 3.3 million pre-orders, for which no deposit is required, for the new smartphone.
By comparison, the entire global market for foldable phones was around 4 million units in the second quarter, according to research firm IDC.
The latest launch, which follows a series of successful smartphone debuts since last year, underscores Huawei's ability to navigate U.S. sanctions and solidifies its position against Apple in China.
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