Huawei Mate XT phone has 3 million pre-orders ahead of Apple iPhone 16 release

Apple AAPL The main competitor in China records over 3 million pre-orders for its smartphone as the iPhone maker prepares to unveil its latest model.

Huawei’s triple-folding Mate XT smartphone has received over 3.18 million pre-orders since September 7, according to its website. The Mate XT will presented at an event said Richard Yu, CEO of Huawei, on Weibo on Tuesday.

In the meantime, Apple is expected presents its new iPhone 16 on Monday, equipped with his new Initiative for generative artificial intelligenceApple Intelligence, which includes an AI-powered update to Siri and other native iPhone apps.

Since Release of the Mate 60 Pro smartphone series Last August, Huawei overtook Apple in the Chinese market. In April, the company announced a Increase profits for the fourth time in a row, also with Resilience to US sanctions.

Meanwhile, Apple iPhone sales fell 19% during the same period – the worst performance in China since the COVID-19 pandemic began in 2020. Apple's share of the Chinese smartphone market also fell year-on-year from 19.7% in the first quarter of 2024 to 15.7%. The company had to Prices for some iPhone models reduced in the Chinese market as competition from Huawei and other domestic smartphone manufacturers increases.

China's Smartphone shipments increased by 8.9% In the second quarter of this year, revenue rose compared to the same period last year, led by double-digit growth from local companies such as Huawei, Vivo and Xiaomi, according to the International Data Corporation. The growth pushed Apple out of the top five to sixth place – and despite the price cuts, the iPhone maker posted a 3.1% decline year-on-year, the data showed.