Chinese tech giant Huawei has held a global launch for the industry’s first tri-foldable phone. Analysts say it marked a symbolic victory for Huawei amid U.S. technology curbs but that challenges over pricing,

Huawei’s trifold Mate XT phone is launching outside of China, but it won’t come cheap. The world’s first and only phone that folds at two separate points in the display costs €3,499 (about $3,660) — and like other Huawei phones, won’t officially support any Google apps.

HUAWEI on Tuesday held a global launch for the industry’s first tri-foldable phone, which analysts said marked a symbolic victory for the Chinese tech giant ami