SHENZHEN: Huawei Technologies on Thursday unveiled its second-generation trifold smartphone, the Mate XTs, as the Chinese tech giant seeks to consolidate its resurgence in the domestic market and cautiously re-enter overseas territories.
The Mate XTs, priced between 17,999 yuan ($2,520) and 21,999 yuan depending on memory configuration, features a dual-hinge design that allows the device to fold at two points, transforming into a tablet-sized screen when fully opened. The launch marks Huawei’s continued push into the premium foldable segment, a category it pioneered last year with the original Mate XT.
Huawei’s latest offering runs on HarmonyOS 5.1 and is positioned as a productivity-centric device, supporting PC-grade applications and stylus input. The phone includes a 5,600mAh battery and is available in four colors. Buyers will receive incentives including discounted screen replacements and complimentary servicing appointments.
The company is banking on the Mate XTs to sustain its momentum in China, where its smartphone market share rose to 18% in Q2 2025 from 15% a year earlier, according to Counterpoint Research. Huawei now leads the Chinese smartphone market and commands a 75% share in the foldable segment, data from IDC showed.
IDC also reported that Huawei sold 470,000 units of the Mate XT through the end of Q2, generating over $1.3 billion in revenue. “The performance is quite strong considering it’s one of the most expensive smartphones available,” said Francisco Jeronimo, IDC’s vice president for devices. “This shows there is a demand for something innovative.”
Huawei’s smartphone business was severely impacted by U.S. sanctions in 2020, which cut access to critical software and chips. The company has since developed its own operating system and partnered with Chinese chipmakers to produce components for newer models.
Despite its domestic rebound, Huawei’s global market share remains limited due to ongoing geopolitical and supply chain challenges.