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Huawei's $2,800 tri-fold phone hits stores

SHENZHEN, China — Huawei and Apple's latest smartphones go on sale in China on Friday, with the Chinese tech company's much-anticipated $2,800 tri-foldable phone offered at more than twice the price of the iPhone 16 Pro Max.

However, analysts warn that supply chain constraints could leave many buyers of Huawei Technologies' Mate XT empty-handed.