Huawei launches Mate XS upgraded folding smartphone

(Reuters) – Huawei unveiled an upgrade to its folding smartphone on Monday, hoping that a faster phone with higher-quality display will encourage consumers to spend as much as $2,700 for the top-of-the-range version. The new Mate XS arrives a year after the Chinese tech giant showed off its first folding phone, which had back-to-back screens that opened to create an eight-inch display. The folding phone will be priced at 2,499 euros ($2,710) for its premium model and goes on sale worldwide next month, said Yu, as Huawei pushed the price frontier for the most expensive smartphones even higher. The Mate XS, like last year’s Mate 30 smartphone, will lack access to a licensed version of Google’s Android operating system after the United States effectively barred its companies from supplying Huawei last year. Huawei plans to hold a launch event for the P40, a 5G smartphone, in Paris next month, said Yu.

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