The tri-fold phone bends twice, creating three distinct sections. But here's the bad news: It's not coming to the US anytime soon.

The tablet-sized Huawei Mate XT costs $3,662 and isn’t fully operational inside the United States. Huawei launched it globally despite supply constraints.

On Tuesday, Chinese tech giant Huawei held a global launch for the industry's first tri-foldable phone in Kuala Lumpur, Malaysia, the Associated Press reported. The company's Mate XT, which was first launched in China in September last year, will have a price tag of €3,499 (about $3,660), the report added.