Huawei is set to launch its innovative "tri-fold" smartphone, the Mate XT, shortly after Apple's September 10 event for the iPhone 16. Huawei's new device features a double-hinged design, making it a direct competitor to Apple's AI-powered iPhone. Huawei's smartphone sales have surged in China, while Apple's market share has dropped. The Mate XT's release is strategically timed to challenge Apple's dominance in the high-end market. Huawei has been developing this foldable technology for years, aiming to regain market leadership despite facing US sanctions that limit its global reach.