Huawei takes on Samsung with its foldable phone

Barcelona (CNN Business)The price tag for Huawei’s foldable 5G-enabled phone, the Mate X, is downright astronomical.

The Chinese phone maker launched its new, foldable device on the eve of the Mobile World Congress, a huge gathering of the mobile industry in Barcelona. The Mate X is set to compete with Samsung’s recently announced Galaxy Fold, which is priced at about $1,960 before taxes.
The cheapest version of the Mate X goes for $2,600, including taxes.

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