Core Viewpoint - Huawei has launched the world's second commercial three-fold smartphone, the Huawei Mate XTs, which features significant upgrades in hardware and software, targeting the financial market with specialized applications [2][3][14]. Group 1: Product Features and Specifications - The Huawei Mate XTs has a fully expanded size of 10.2 inches, comparable to a mini tablet, and integrates financial applications for stock trading [2]. - It is powered by the new Kirin 9020 chip and the latest HarmonyOS, with a performance improvement of 36% [3][14]. - The device features a dual-track hinge system for enhanced durability, with a tensile strength of 2400MPa, and an impact resistance improvement of 35% [12][14]. - The phone supports satellite communication and boasts significant improvements in video upload and download speeds, with increases of 76% and 105% respectively [14]. Group 2: Pricing and Market Position - The starting price of the Huawei Mate XTs is set at 17,999 yuan, which is a reduction of 2,000 yuan compared to the previous generation [5][14]. - Huawei holds a 75% market share in the foldable smartphone segment, with cumulative shipments exceeding 10 million units, making it the first brand in China to reach this milestone [9][15]. - The company has established a diverse product lineup in the foldable screen market, including dual-fold, three-fold, and wide-fold designs [14]. Group 3: Market Outlook and Future Projections - According to IDC, the Chinese foldable smartphone market is expected to see a year-on-year growth of 12.6% in total shipments by the first half of 2025, with Huawei projected to maintain a leading position [15]. - The forecast indicates that the total shipment volume of foldable smartphones in China will reach 9.47 million units by 2025, reflecting strong growth potential [15].