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Huawei unveiled its latest flagship foldable smartphone, the Mate XT2, on Monday as the Chinese technology giant looks to maintain its dominance in the country’s premium smartphone market amid growing competition from Apple and Xiaomi.
The Huawei Mate XT2 features a dual-folding design that opens into a tablet-sized display. The device is powered by Huawei’s new Kirin 9050 Pro processor, which the company says provides greater computing performance while consuming less power.
Improved chip efficiency has become increasingly important for Huawei as the company continues to navigate U.S. restrictions limiting its access to advanced semiconductor technology. Huawei said its latest processor and other upgrades help the Mate XT2 deliver 42% better overall performance compared with its predecessor, based on internal testing.
The new foldable smartphone also includes a redesigned folding mechanism, stronger water resistance and upgraded cameras. Buyers can choose an optional privacy-focused display designed to make it harder for nearby people to view information shown on the screen.
Huawei’s launch comes during a busy week for the global smartphone industry. Xiaomi is scheduled to introduce a competing foldable handset later on Monday, while Apple is expected to reveal its newest iPhone lineup on Wednesday. Expectations are also high that Apple could introduce a foldable iPhone, potentially increasing competition in the rapidly developing foldable smartphone segment.
Huawei currently holds a strong position in China despite being effectively shut out of the U.S. market because of sanctions. According to IDC, Huawei controlled 22.6% of China’s smartphone market during the second quarter, placing it ahead of Apple at 18.1% and Xiaomi at 12.4%.
The company has an even larger advantage in China’s foldable smartphone market. Data from U.S.-based research firm Smart Analytics Global showed Huawei accounted for 68% of foldable phone shipments in China during the second quarter.
With the Mate XT2, Huawei is seeking to reinforce that leadership while demonstrating its ability to advance smartphone technology despite ongoing U.S. restrictions and intensifying competition from Apple and Xiaomi.
