The Chinese tech giant launched the device, which is priced at over €3,000, on the global market against the backdrop of tense Sino-American relations. View on euronews

IDC's Ma said Huawei dominated the foldable phone market in China with 49% market share last year. In the global market, it had 23% market share, trailing behind Samsung's 33% share in 2024, he said. IDC predicted that total foldable phone shipments worldwide could surge to 45.7 million units by 2028, from over 20 million last year.

Huawei launched the world's first tri-foldable phone, the Mate XT, globally on Tuesday, marking a technological milestone despite ongoing U.S. sanctions.