While most of the Internet's attention has been focused on Apple's It's Glowtime event and the iPhone 16 launch, Huawei has been doing its own thing by announcing the Mate XT Ultimate Design This is the tri-fold phone we've heard so much about over the past few weeks through rumors and leaks Now the company has made it official with a price tag so high you might get dizzy looking down

Along with the innovative tri-fold design, another thing that catches the eye is its price: the base model with 256GB of storage costs 19,999 yuan, or about $2,800 To put this in perspective, the stunning Asus ROG Zephyrus G14 starts at about $2,000; if you decide to jump to the 1TB version, you'll need to spend 23,999 yuan, or about $3,370

It's easy to poke fun at the Samsung Galaxy Z Fold 6's $1,899 price tag But compared to the price of the Mate XT Ultimate Design in China, Samsung's product is almost affordable Of course, the price is higher because the screen is a 102-inch monster, and it is also foldable Still, most people will probably pass on this phone when they see the price

However, people outside of China will probably not be allowed to pass or buy this phone, regardless of their thoughts on the price As is usual with Huawei phones, it is unlikely that the Mate XT Ultimate Design will be released in the United States There is no guarantee that it will even be released outside of China, but that remains to be seen

The screen is available in three configurations: 64“ closed, 79” partially open, and the aforementioned 102” fully unfolded

While the huge screen is the main event, other notable specs include 16GB of RAM, a screen resolution of 2,232 x 3,184, and a 5,600mAh battery that supports 66W wired or 50W wireless charging Cameras look promising with a 50-megapixel primary camera, a 12-megapixel ultrawide shooter, and a 12-megapixel periscope lens