Why Huawei’s new phone can be a ‘big problem’ for Apple in China

Apple is facing increased competition in China with the launch of Huawei’s Mate XT foldable smartphone. Priced at $2,800 and featuring a trifold design and advanced AI capabilities, the Mate XT will be released on September 20 alongside Apple’s iPhone 16 series. This intensifies the rivalry for market share in China’s high-end smartphone segment.