Core Viewpoint - Huawei continues to strengthen its position in the foldable smartphone market, launching the new Mate XTs and achieving significant market share growth [1][3][10]. Group 1: Product Launch and Features - Huawei launched the Mate XTs, a new foldable smartphone, with a starting price of 17,999 yuan, available for pre-order from September 4 [1]. - The Mate XTs is powered by the Kirin 9020 chip, featuring a 36% overall performance improvement due to system-level optimizations [3]. - The device boasts a 10.2-inch display with a 3K high resolution and a thickness of only 3.6 mm, utilizing advanced hinge technology to reduce thickness [7]. Group 2: Market Position and Performance - Huawei achieved a remarkable 75% market share in the Chinese foldable smartphone market, with 3.74 million units shipped, marking a 12.6% year-on-year growth [3][10]. - Since the launch of its first foldable phone in 2019, Huawei has become the first Chinese brand to exceed 10 million cumulative shipments in this category [4]. Group 3: Industry Trends and Competition - The foldable smartphone market is becoming increasingly competitive, with major players entering the space, including Apple, which is expected to release its foldable device next year [10]. - The industry is shifting focus from hardware innovation to software ecosystems and cross-platform collaboration, emphasizing the importance of user experience [11]. Group 4: Future Outlook - The global foldable smartphone market is projected to reach approximately 19.83 million units by 2025, with Huawei expected to maintain its leading position [10]. - The Chinese market is anticipated to account for over 40% of the global foldable smartphone market in the next five years, driven by continuous innovation [10].

Core Viewpoint - Huawei has launched its new foldable smartphone Mate XTs Master Edition at a starting price of 17,999 yuan, which is a reduction of 2,000 yuan compared to the previous generation [2]. Group 1: Product Launch and Features - The Mate XTs is equipped with the Kirin 9020 chip, marking the first public display of Kirin chips in four years [2]. - The camera system has been upgraded with RYYB sensors, a 40-megapixel ultra-wide-angle lens, and a new red maple color camera [2]. - The new model emphasizes software ecosystem expansion, featuring applications like WPS Office and Wind Financial Terminal, and supports PC-level multi-window operations [2]. Group 2: Market Performance - According to IDC, China's foldable smartphone shipments are expected to reach 4.98 million units in the first half of 2025, with a year-on-year growth of 12.6% [3]. - Huawei leads the market with a shipment of 3.74 million units, capturing 75% of the market share [3]. - The previous generation Mate XT has nearly 500,000 units shipped as of mid-2023, making Huawei the first Chinese brand to exceed 10 million cumulative shipments since the launch of its first foldable phone in 2019 [4]. Group 3: Competitive Landscape - Apple is preparing to enter the foldable smartphone market, with plans to launch its first foldable iPhone in 2026 and a foldable iPad in 2028 [6]. - Analysts believe Apple's entry could accelerate the growth of the foldable smartphone market and drive innovation in the supply chain [6]. Group 4: Supply Chain Insights - Lens Technology is a key supplier of precision structural components for Huawei's foldable smartphones [7]. - Dongguan Huajing Powder Company has been a major supplier of MIM precision structural components for Huawei's flexible screen smartphones since 2018 [7]. - Dafu Technology's subsidiary is a primary supplier of core components for Huawei's foldable smartphone hinges [8]. - Huawei's screen suppliers include BOE and Visionox [9].

Core Points - Huawei has launched its latest foldable smartphone, the Mate XTs, with prices starting at 17,999 yuan for the 16GB+256GB version, 19,999 yuan for the 16GB+512GB version, and 21,999 yuan for the 16GB+1TB version [1][4] - The phone will be available for pre-sale starting September 4 and officially on sale from September 12 [1] Pricing and Variants - The Mate XTs comes in four colors: black, purple, white, and red, adding two new colors compared to its predecessor, the Mate XT [4] - The pricing of Mate XTs has decreased compared to the previous model, which was priced between 19,999 yuan and 23,999 yuan [4] Technology and Features - The Mate XTs features the HarmonyOS 5.1 system and is powered by the Kirin 9020 chip, which enhances overall performance by 36% [9] - The device boasts a 10.2-inch 3K display with a resolution of 3184×2232 and incorporates COE pixel technology to reduce power consumption by 13% [12] - The phone is equipped with advanced communication capabilities, including second-generation Lingxi communication, which improves video upload speeds by 76% and download speeds by 105% [14] Unique Selling Points - The Mate XTs is the first phone to connect to China's earthquake early warning network, enhancing its earthquake alert capabilities by 2.5 times [16] - It is also the first device to integrate PC office software, drawing software, and financial software into a mobile format, positioning it as a powerful tool for stock trading [16] Market Position and Competition - Huawei has regained the top position in the Chinese smartphone market after four years, with a 75% market share in the foldable smartphone segment, achieving a historical high [21] - The foldable smartphone market is becoming increasingly competitive, with other brands like Xiaomi, Honor, Vivo, and Samsung entering the space, and Apple expected to release its first foldable phone in 2026 [20][21]

Core Insights - Huawei launched the Mate XTs Extraordinary Master, its second foldable flagship phone, at a press conference in Shenzhen, with Andy Lau as the brand ambassador [1][3]. Product Features - The Mate XTs is powered by the Kirin 9020 chip, featuring a 36% overall performance improvement due to system-level optimizations and cloud collaboration [3]. - It is the first phone in the industry to connect to data from the China Earthquake Administration, enhancing earthquake warning capabilities by 2.5 times with real-time connections to 15,000 observation stations [5]. - The device includes PC versions of office and financial software, positioning it as a "stock trading artifact" for professional investment decisions [6]. Market Position - Huawei has established a comprehensive foldable screen matrix, including various types of foldable designs, and currently holds a 75% market share in the foldable phone sector, with over 10 million units shipped [10]. - The foldable phone market is entering a consolidation phase, where product strength and ecosystem experience are becoming key competitive factors, moving beyond initial novelty [10].

Core Viewpoint - Huawei has launched its new foldable phone Mate XTs, which is the first to come pre-installed with HarmonyOS 5.1, starting at a price of 17,999 yuan [1] Group 1: Market Performance - According to IDC, China's foldable phone shipments are expected to reach 4.98 million units in the first half of 2025, representing a year-on-year growth of 12.6% [3] - Huawei achieved a historical high with a shipment of 3.74 million units, capturing 75% of the market share, and becoming the first Chinese brand to exceed 10 million cumulative shipments since launching its first foldable phone in 2019 [3] Group 2: Product Features - The Mate XTs is equipped with the Kirin 9020 chip, showcasing a 36% performance improvement through system-level optimization and soft-hard cloud collaboration [4] - The device also features HarmonyOS 5.1, which has surpassed 14 million installed devices, enhancing the user experience with desktop-level capabilities on mobile [4] Group 3: Ecosystem Development - The launch of the new foldable phone signifies an upgrade in Huawei's high-end product line and reinforces the HarmonyOS ecosystem, demonstrating the synergy between the foldable design and HarmonyOS 5 in terms of "large-screen interaction, cross-device collaboration, and AI" [6] - Huawei's ecosystem has made significant progress, with major internet applications adapting to HarmonyOS and a wide range of SDKs available for developers, improving application development efficiency [6][7] - The HarmonyOS ecosystem is advancing towards being "user-friendly," although there are still gaps in certain functionalities, indicating ongoing development challenges [7] Group 4: Industry Trends - The past year has seen a diversification in foldable phone designs, with new forms like tri-fold and wide-fold models emerging, injecting vitality into the market [8] - The first tri-fold product has seen impressive performance, with shipments nearing 500,000 units in the first half of the year, setting a benchmark in the high-end foldable market [8]

Core Insights - Huawei has launched its new foldable smartphone, the Mate XTs Ultimate Master, starting at a price of 17,999 yuan, marking a significant upgrade in both design and performance [2][4] - The device features the new Kirin 9020 chip and HarmonyOS, representing a major milestone for Huawei's self-sufficient high-end chip development [2][4] - The smartphone includes advanced camera capabilities with upgraded sensors and a new aesthetic design, offering multiple color options [4][5] Product Features - The Mate XTs Ultimate Master has a 10.2-inch main display and two foldable screen sizes of 6.4 inches and 7.9 inches, enhancing usability for various scenarios [5] - The device's screen structure has improved impact resistance by 30% due to the use of non-Newtonian fluid materials and UTG ultra-thin glass [5] - It supports PC-level multi-window operations, allowing users to run multiple PC applications simultaneously, thus improving productivity [5] Market Position - Huawei has achieved a 45% market share in the foldable smartphone segment, a significant increase from 32% in the same quarter of the previous year, solidifying its leading position [7] - The demand for foldable smartphones has shifted from novelty to practical experience, with Huawei focusing on hardware innovation and software adaptation to enhance consumer acceptance [8]

Core Viewpoint - Huawei is the only company making significant advancements in the three-fold smartphone market, establishing itself as a leader in this unique segment with the launch of the Mate XTs Master Edition, which enhances user experience through PC-level applications and ecosystem integration [2][32]. Market Position and Performance - Huawei's first-generation Mate XT achieved nearly 500,000 units in sales within a year, demonstrating its dominance in the three-fold market, where no other competitors have successfully launched similar products [5][32]. - Huawei holds a 75% market share in the three-fold segment, as reported by IDC, and has established a product matrix that includes dual-fold, three-fold, and wide-fold devices, with total shipments exceeding 10 million units [5][38]. Technological Innovations - The Mate XTs Master Edition incorporates powerful PC capabilities into a mobile device, allowing it to serve as a "pocket PC" that meets diverse user needs, from information consumption to mobile office tasks [4][11]. - The device features a 10.2-inch large screen and supports a "free multi-window" mode, enabling users to run multiple applications simultaneously, akin to a desktop experience [13][15]. Ecosystem Development - Huawei's ecosystem, built on the HarmonyOS, allows seamless integration across devices, enhancing user experience by providing a unified operating environment for smartphones, tablets, PCs, and other devices [28][35]. - The introduction of the M-Pen 3 further expands the device's functionality, enabling efficient note-taking and information management, thus enhancing productivity [23][25]. User Experience and Application - The Mate XTs Master Edition is designed to provide a desktop-level experience in a mobile format, allowing users to perform complex tasks without switching applications, thereby improving workflow efficiency [21][30]. - Applications have been optimized for the large screen, enhancing user engagement in entertainment and productivity scenarios, making the device a versatile tool for various tasks [30][31].

Group 1 - Huawei has officially launched the Mate XTs, a three-fold screen smartphone, featuring the Kirin 9020 chip and HarmonyOS 5, marking the return of Kirin chips after four years [1][3][5] - The Mate XTs offers a 36% overall performance improvement due to the new chip [5] - The device supports the installation of PC version office software, enabling multi-window functionality similar to a computer, and includes a stylus for annotations and screen capture [6] Group 2 - The Mate XTs is the first smartphone to integrate financial software for real-time market analysis, enhancing investment decision-making capabilities [8] - The device connects to 15,000 earthquake observation stations across China, improving earthquake warning capabilities by 2.5 times [8] - The global foldable smartphone market is becoming increasingly competitive, with Apple planning to release its first foldable iPhone in 2026 and a foldable iPad in 2028 [8][9] Group 3 - Analyst Ming-Chi Kuo predicts that the foldable iPhone will have shipments of 8 to 10 million units in 2026, increasing to 25 million units in 2027 [9] - IDC forecasts that global shipments of foldable smartphones will reach approximately 19.83 million units by 2025, with a year-on-year growth of about 6% [9] - Domestic brands are expanding the foldable smartphone market by competing on price and features, transitioning foldable devices from luxury items to mainstream consumer products [9]

【导读】华为新三折叠 手机 17999 元 起 售， 最高规格 为 16G+1T 中国基金报记者 张燕北 9月4日，华为Mate XTs非凡大师及全场景新品发布会在深圳举行 。会上，华为发布新款三 折叠手机Mate XTs非凡大师。 值得关注的是， 该款手机搭载麒麟9020芯片和鸿蒙操作系统 。 这是时隔 4 年麒麟芯片重现 华为 发布会，被市场广泛解读为国产高端芯片全链路自主可控的重要标志。 华为新三折叠手机发布 售价17999 元 起 价格方面 ，16GB+256GB版本售价 为 17999元，16GB+512GB版本售价 为 19999元， 16GB+1TB版本售价 为 21999元。 "华为Mate XTs非凡大师影像体验能力再度提升，将超光变主摄、超广角镜头、长焦摄像头 升级为RYYB传感器，同时，将超广角镜头分辨率提升至4000万像素，进光量提升40%。"余 承东介绍道。 发布会上，华为常务董事、终端BG董事长余承东正式发布华为第二代三折叠手机、全球第二 款商用三折叠——华为Mate XTs非凡大师。 作为华为高端"非凡大师"品牌的最新成员，该机型不仅在折叠形态上延续了独特性，更在核 心性能上迎来 ...

Core Viewpoint - The article emphasizes that Huawei's Mate XTs represents a significant evolution in the foldable smartphone market, moving beyond mere optimization of existing mobile devices to redefine the essence of hardware and productivity, positioning itself as a "pocket PC" [2][3][32]. Group 1: New Imagination of Foldable Screens - The foldable smartphone market is currently characterized by intense competition focused on lightweight designs and minimal creases, but Huawei aims to fundamentally change the user experience by introducing a new category of devices [2][5]. - Huawei's Mate XTs features a 10.2-inch screen that challenges the limitations of traditional smartphones, effectively creating a "pocket PC" concept [6][10]. - HarmonyOS 5 supports PC-level applications, allowing for a true desktop experience on a mobile device, which is a significant advancement over existing operating systems [8][10]. Group 2: From Tool to Value - Huawei's strategy combines rational and emotional elements to enhance user experience, focusing on both productivity and creative freedom [18][24]. - The integration of AI, represented by the intelligent assistant "Xiao Yi," enhances productivity by providing real-time assistance and insights during tasks, thus transforming the user experience [19][22]. - The introduction of the M-Pen 3 stylus further enriches the user experience by enabling seamless interaction with applications, enhancing the overall productivity of the device [15][24]. Group 3: Defining the Future - Huawei's approach in the foldable screen market is characterized by a return to the fundamental value of user needs, focusing on hardware and software integration to create a unique user experience [26][28]. - The company has established a significant market presence, achieving a 75% market share in China's foldable smartphone segment by mid-2025, with a total shipment exceeding 10 million units [30]. - The combination of innovative hardware and a robust software ecosystem positions Huawei as a leader in defining the future of foldable devices, creating a self-reinforcing strategic cycle that enhances its market dominance [30][28]. Conclusion - The launch of Huawei's Mate XTs marks a pivotal moment in the evolution of foldable smartphones, challenging traditional boundaries and redefining mobile productivity [32][34]. - The device exemplifies the future of personal computing, merging the portability of smartphones with the immersive experience of tablets and the productivity of PCs [34].