Huawei and Apple's latest smartphones went on sale in China on Friday, with many fans of the Chinese company disappointed that its much-anticipated $2,800 phone was not available for walk-in customers.

Huawei's new trifold smartphone, the Mate XT, is set to hit stores on Friday. Online scalpers are already looking to make a quick buck on it.

Huawei is preparing to release its new ‘trifold’ smartphone on Friday — the same day as Apple’s (AAPL) latest iPhone comes out — but it’s already being listed in China for up to three times its price.

Huawei and Apple's latest smartphones went on sale in China on Friday, with many fans of the Chinese company disappointed that its much-anticipated $2,800 phone - more than twice the price of the iPhone 16 Pro Max - was not available for walk-in customers.

Many of Apple’s affluent iPhone users in China are just as interested in Huawei’s pricier trifold phone, CNBC found during spot checks at stores Friday, the day the iPhone 16 and Mate XT launched in the country.

The post Huawei's tri-fold is in high demand, sales estimates rise by 100% appeared first on Android Headlines.

Scalpers at electronics marketplace Huaqiangbei aim to resell the Mate XT's base model for up to US$9,866, above Huawei's US$2,800 price tag Strong demand for Huawei Technologies' attention-grabbing Mate XT tri-fold smartphone,

However, analysts warn that supply chain constraints could leave many buyers of Huawei Technologies' Mate XT empty-handed. The launch of the Mate XT, which analysts say has a locally-made chipset, underscores Huawei's ability to navigate U.