00:00It's Benzinga and here's what's on the block.
00:02Huawei's latest tri-fold Mate XT launch attempts to outshine Apple's new iPhone,
00:07but the company faces a significant hurdle with its chip technology.
00:11Oppenheimer's Martin Yang told CNBC that Huawei's systems on chip remain two to three
00:15years behind competitors, with the technological gap widening.
00:19Yang predicts that Huawei will focus on marketing the tri-fold design rather than chip performance.
00:25China's tech giant saw nearly 3.5 million pre-orders for the device, but Yang cautions
00:29that sales may not meet these early expectations.
00:32For all things money, visit Benzinga.com.
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