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Gulf Press > Business > Huawei’s $2,800 tri-fold phone poses competition for Apple’s iPhone 16 – News
Business

Huawei’s $2,800 tri-fold phone poses competition for Apple’s iPhone 16 – News

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Last updated: 2024/09/11 at 1:00 AM
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Huawei and Apple are both tech giants in the global smartphone market, with Huawei recently unveiling its new tri-fold phone, the Mate XT, and Apple launching the iPhone 16. While the iPhone 16 features long-expected AI capabilities, such as Apple Intelligence for Siri and camera enhancements, these features are still in beta mode. The external design of the new iPhones has not seen significant changes, contributing to a lack of excitement among investors, causing Apple’s shares to fall 1% in premarket trading.

On the other hand, Huawei’s Mate XT has already received over 4 million pre-orders, showcasing the company’s ability to navigate U.S. sanctions and compete against Apple in China. The Mate XT boasts advanced AI features such as text summary, translation, and image editing functions, setting it apart from the competition. However, with a starting price of $2,800 and limited production, the tri-fold phone may serve more as a symbol of Huawei’s technological prowess than a major sales driver, according to analysts.

Despite the high price point, Huawei’s Mate XT has the potential to challenge Apple in terms of tech leadership. The launch of the Mate XT solidifies Huawei’s position against Apple in China, where some consumers criticized the lack of AI features in the new iPhone 16. Competition between the two companies intensifies as they go head-to-head in the global smartphone market, with both devices set to go on sale on September 20.

Apple faces challenges in China, where its sales have dwindled, and it has dropped in rank to sixth place in the world’s second-largest economy. Criticism from Chinese consumers regarding the lack of AI capabilities in the new iPhone 16 highlights the importance of advanced features in the competitive smartphone market. Huawei’s success in China, fueled by strong sales and innovation, has enabled the company to overtake Samsung Electronics as the leading vendor of foldable phones globally.

In conclusion, the launch of Huawei’s Mate XT and Apple’s iPhone 16 marks another chapter in the ongoing battle for dominance in the smartphone market. While Apple’s focus on AI capabilities has garnered mixed reactions from consumers, Huawei’s innovative features and strong sales in China position the company as a formidable competitor. The rivalry between the two tech giants exemplifies the fast-paced nature of the industry, where innovation and technological advancements continue to drive consumer preferences and market trends.

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News Room September 11, 2024
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