Huawei's latest Mate XT is launched in China on Sept. 20, 2024, but to the disappointment of fans of the Chinese company, the much-anticipated $2,800 phone – more than twice the price of the iPhone 16 Pro Max launched on the same day – was not available to purchase for walk-in customers. Huawei has received significant patriotic support in China with fans impressed at how the company has managed to overcome years of export controls by the United States that initially crippled its smartphone business. The launch of the Mate XT, which analysts say has a locally-made chipset, underscores Huawei's ability to navigate US sanctions although the company's ability to mass-produce remains a significant concern.REUTERS VIDEO
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