Huawei delivers newly launched Mate XT, world's first tri-fold phone, at Shanghai flagship store

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).

The U.S. dollar increased in late trading on Friday.

The dollar index, which measures the greenback against six major peers, went up 0.19 percent to 100.218 at 03:00 (1900 GMT).

In late New York trading, the euro lost to 1.1515 dollars from 1.1544 dollars in the previous session, and the British pound was down to 1.3192 dollars from 1.3227 dollars in the previous session.

The U.S. dollar bought 159.65 Japanese yen, higher than 159.34 Japanese yen of the previous session. The U.S. dollar was up to 0.8008 Swiss francs from 0.7984 Swiss francs, and it rose to 1.3944 Canadian dollars from 1.3921 Canadian dollars. The U.S. dollar added to 9.4828 Swedish kronor from 9.4234 Swedish kronor.