Chinese tech giant Huawei delivered its newly launched Mate XT, the world's first tri-fold phone, at a flagship store in Shanghai on Friday.
Huawei's Executive Director, Yu Chengdong, personally delivered the first batch of phones to users and unboxed the Mate XT during a live stream on China Central Television (CCTV).
Since its launch on September 10, Mate XT has received more than six million preorders online. Yu said Huawei is working overtime to expand production capacity to meet the high demands.
"The immense consumer support following the launch is our greatest encouragement. Many of the components in this phone use domestic technologies, chips, and production process. Since the sanctions were imposed, we have mastered key technologies independently as some of the components are no longer available," said Yu.
The Mate XT features a 10.2-inch (25.908 cm) screen and is just 3.6 millimeters thick when unfolded, making it the largest and thinnest folding screen phone on the market. To achieve this sleek design, the Mate XT incorporates a high-capacity battery constructed with the thinnest silicon anode material available globally, with each cell measuring an impressive 1.9 millimeters in thickness.
Mate XT offers a versatile design with single, dual, and triple-screen modes, allowing for flexible transitions between different forms. Yu noted that Huawei has dedicated five years to pioneering its innovative hinge mechanism, revolutionizing traditional designs by enabling inward and outward folding.
Mate XT is sold at a starting price of 19,999 yuan (about 2,800 U.S. dollars).
Huawei delivers newly launched Mate XT, world's first tri-fold phone, at Shanghai flagship store
Huawei delivers newly launched Mate XT, world's first tri-fold phone, at Shanghai flagship store
Wine companies in Italy are anxious as U.S. President Donald Trump signed an executive order on the so-called "reciprocal tariffs," imposing a 20-percent tariff on the European Union.
Giulia D'Alema, head of a family-owned wine business in Italy's Umbria region, is facing significant uncertainty for the upcoming wine sales season following the announcement of tariffs on EU products, including wine.
Her family's 7.5-hectare vineyard has completed its major annual tasks — trimming, tying, and weeding — to ensure healthy grape growth and a fruitful harvest.
However, despite these preparations, D'Alema is troubled by the looming threat of new tariffs on Italian wines exported to the United States.
The United States is a key market for Italian wines, with exports valued at approximately 2 billion euros in 2024 alone.
Yet, the announcement by U.S. President Donald Trump has put this vital export market at risk.
"If tariffs are imposed, U.S. importers won't be able to import my wine because selling my rose will no longer be profitable for them. I've already increased production specifically for this (U.S.) market, so now I have to find other ways to absorb this surplus," said D'Alema.
In the wine-producing region of Umbria in central Italy, it is the small and medium-sized wineries that are hit the hardest. Large enterprises can mitigate risks by adjusting their market strategies, but small family-owned businesses often rely on a single market. The imposition of tariffs creates a great deal of uncertainty for their operations.
In 2024, Italy's bottled wine exports to the United States reached 1.94 billion euros. According to calculations by the largest agricultural association in Italy, the Italian Confederation of Farmers (CIA), if tariffs prevent Italian wines from being exported to the United States, Italian wineries could face daily losses of 6 million U.S. dollars.
Trump's 20 pct tariffs on EU raise concerns for Italian wine export
