Huawei's $2,800 Tri-Fold Mate XT Sparks Frustration As Limited Stock Fails To Meet Demand
Portfolio Pulse from Benzinga Neuro
Huawei's new $2,800 tri-fold smartphone, the Mate XT, launched with limited availability, causing frustration among eager buyers. The high demand and production constraints have led to significant delays, with pre-orders exceeding 6.5 million. Huawei aims to challenge Apple's dominance in the Chinese market with this launch.
September 20, 2024 | 9:47 am
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Apple's market position in China faces a challenge from Huawei's new Mate XT smartphone, which has generated significant buzz and demand despite supply constraints.
Huawei's Mate XT launch coincides with Apple's iPhone 16 release, aiming to capture market share. However, supply constraints limit immediate impact on Apple's sales.
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