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Huawei launches world's first tri-fold smartphone as Apple debuts iPhone16

Chinese smartphone maker Huawei on Tuesday unveiled the world's first triple-fold smartphone, called the Mate XT, which users can fold in three ways like an accordion screen door. The product launch came hours after its U.S. competitor Apple revealed the iPhone 16 series. Both products will ship starting September 20. Apple on Monday unveiled its AI-boosted iPhone 16 and promised improvements on its Siri personal assistant as it rolled out new software, beginning in test mode next month. Apple has yet to announce an AI partner in China to power the new phone. Today's newsletter also features China's plan to lift foreign investment access restrictions in the manufacturing sector and our new episode of Tech Please on the International Lunar Exploration Station.

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