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Huawei launches costly foldable 5G smartphone in China
- Thursday | 24th October, 2019
SHENZHEN, China/SHANGHAI (Reuters) – Huawei Technologies Co Ltd started taking orders on Wednesday in China for its eagerly awaited foldable smartphone, as it ramps up marketing at home to make up for weak overseas sales amid US trade sanctions. The launch of the 5G Mate X smartphone has been delayed twice this year, as Huawei, the world’s No.2 smartphone maker, was forced to deal with tech supply disruptions caused by a US trade blacklist imposed on the firm in May. The new smartphone, a competitor to Samsung Electronics Co’s Galaxy Fold which went on sale last month, will be launched officially on Nov. 15 in China at prices starting from 16,999 yuan ($2,403), a Huawei spokesman said. Huawei’s 5G Mate X was originally set for a June launch but the company delayed it, saying that it was running certification tests with various carriers. ($1 = 7.0750 Chinese yuan renminbi)(Reporting by David Kirton in Shenzhen and Brenda Goh in Shanghai; Editing by Jason Neely and Muralikumar Anantharaman)Likes
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