Huawei racks up 3 million pre-orders for tri-fold phone before Apple's iPhone 16 reveal

Chinese tech giant Huawei has garnered more than 3 million pre-orders for its triple-folding smartphone, its website showed on Monday, which comes just hours before Apple's debut of its new generation of iPhones. Huawei's Mate XT, a Z-shaped tri-fold phone is scheduled to be unveiled at a launch event on Tuesday, as announced on its social media account WeChat. Pre-ordering customers will receive details on how to purchase the phone on Tuesday, the day of the launch event, rather than making a down payment.