Huawei Technologies Co. announced the world’s first commercial device with two folds, claiming leadership in mobile design just after Apple Inc. unveiled its latest iPhones.
The so-called trifold phone from Huawei, dubbed the Mate XT and starting at 19,999 yuan ($2,800), took over five years of development and promises to fit a 10-inch tablet in a pocket. Introduced in a livestreamed event from Shenzhen, the new device is jostling for attention at the top of the premium market in China, where Huawei has reclaimed share from Apple over the past year.