Apple vs Huawei: The AI-Enhanced Smartphone Battle

Apple unveiled its latest Watch and AI-enhanced iPhone 16, but the event risks being overshadowed by Huawei's tri-fold phone. With 3 million pre-orders, Huawei is solidifying its stance in the Chinese market. Apple's focus on AI features aims to boost iPhone upgrades amid declining sales.

Apple unveiled its latest Watch and AI-enhanced iPhone 16 at an event on Monday. However, the product showcase faces competition from Huawei's tri-fold phone, which has already garnered over 3 million pre-orders in China.

Apple's new Series 10 Watch is thinner and features the largest screen in its line-up. Despite this, Apple shares dipped slightly during midday trading.

The company's focus on AI upgrades aims to drive consumer interest amid a slowdown in iPhone sales. Still, Chinese approval for Apple's AI features remains pending.

(With inputs from agencies.)