Huawei: foldable smartphones will eventually cost less than current flagships

In a recent interview with German publication De Welt, Huawei’s CEO Richard Yu sat down to talk about the future of its smartphone business and how it will respond to certain scenarios.

As many of you may know, the Huawei Mate X was recently announced as the brand’s first foldable smartphone. This, the CEO believes, will “significantly impact the smartphone market” over the coming years, primarily because many companies will “imitate” this take on the new form factor. 

Once released, the Huawei Mate X will carry a price tag of €2300 ($2585) in Europe. This makes the technology ...

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