Huawei's new triple-folding phone costs more than a 16-inch MacBook Pro

After weeks of teasing, Huawei has now officially launched the world's first dual-hinged, triple-screen foldable phone. And it's just as expensive as we feared. In China, prices for the Mate XT Ultimate Design start at 19,999 yuan (about $2,809) for the model with 256GB of storage—that's about $300 more than a brand new 16-inch MacBook Pro.

All models come with 16GB of RAM, and two additional storage variants are available, costing 21,999 yuan (about $3,089) for 512GB and 23,999 yuan (about $3,370) for 1TB. Chinese retailer Vmall reported 3.7 million pre-orders before pricing was announced.

The Mate XT features an inverted dual-hinge design that folds into a “Z” shape, allowing it to be used in a variety of formats. The OLED display measures 6.4 inches when fully folded, like a traditional single-screen device. Fully unfolded, the display expands to 10.2 inches (2,232 x 3,184), and can still be used partially unfolded in a smaller 7.9-inch configuration.

The device has a 5,600mAh battery and supports 66W wired charging or 50W wireless charging. There is a triple camera setup on the back consisting of a 50-megapixel main camera, a 12-megapixel ultra-wide-angle camera, and a 12-megapixel periscope camera. The hole-punch selfie camera on the front is 8-megapixel and is located on the leftmost side of the screen when the device is fully unfolded.

We asked Huawei about availability outside of China, but we are hopeless.