Huawei's latest smartphone, Mate XT, has received over 3 million pre-orders, challenging Apple's iPhone 16. Huawei's comeback includes successful models like Mate 60 Pro and Mate X5, despite US sanctions. The Mate XT, with a rumored double folding structure and large display, aims to compete in the high-end market with Apple, focusing on premium products, software capabilities, and AI deployment.