Huawei has officially launched the Mate XT, the world's first dual-hinged, triple-screen foldable phone, with prices starting at 19,999 yuan ($2,800). The device features a 10.2-inch OLED display, 16GB of RAM, various storage options, and advanced camera capabilities. Over 3.7 million preorders have been reported. This launch, just hours after Apple revealed its iPhone 16, intensifies competition in China's high-end smartphone market. Huawei's move signals a robust comeback and aims to challenge Apple's dominance in China, particularly as Huawei has shown strong growth despite U.S. sanctions. Availability outside China remains uncertain.