Huawei has launched the world's first tri-foldable smartphone, the Mate XT, priced at €3,499, amid ongoing US-China tech tensions. While the device showcases innovation with its unique design, challenges such as high pricing, software limitations, and supply chain issues may hinder its global success. Despite dominating the foldable market in China, Huawei's long-term prospects remain uncertain due to restrictions on technology access and competition from major brands like Samsung and the anticipated entry of Apple.