Huawei unveils $2,500 second trifold smartphone in bid to solidify its comeback

Launch of Huawei Mate XTs: Huawei has introduced its second-generation trifold smartphone, the Mate XTs, priced between 17,999 and 21,999 yuan, aiming to strengthen its position in the Chinese market and expand internationally.

Market Performance and Innovations: The company has seen a rise in market share in China, now holding 18% and dominating the foldable phone segment with a 75% share, while also showcasing its ability to innovate despite challenges from U.S. sanctions.