Huawei's latest trifold Mate XT launch attempts to outshine Apple's new iPhone, but the company faces a significant hurdle with its chip technology. Oppenheimer's Martin Yang told CNBC that Huawei’s systems-on-chip remain two to three years behind competitors, and the technological gap is widening. Yang predicts that Huawei will focus on marketing the trifold design rather than chip performance. China’s tech giant saw nearly 3.5 million preorders for the device, but Yang cautions that sales may not meet these early expectations.