Sub-€1,000 Foldable Smartphones Coming Soon: Huawei CEO

Huawei Mate X image 12 Widened

Huawei’s Executive director and CEO, Richard (Chengdong) Yu, was recently interviewed by a German publication Welt. He talked about several aspects of the company, and shared some insight along the way. Mr. Yu admitted that the company has its own operating system, that the company created it just in case. Huawei is currently utilizing both Android and Windows OS’ (depending on the product), but the company wants to be ready to act if things don’t go according to plan.

Mr. Yu also commented on the company’s very first foldable smartphone, the Huawei Mate X, well, its price tag. The Huawei Mate X will be priced at approximately €2,300 once it becomes available, which is an extremely high price tag. Mr. Yu said that the display and the hinge that the company used for the phone are very expensive, and are the main reasons for such a high price tag.

He said that Huawei plans to push the price tag of foldable smartphones below €1,000 at some point, but that the company needs time in order to do that. He said that it will take at least one or two years for them to be able to achieve that, and Huawei is even aiming to push that price tag below €500 for some phones.


Richard Yu was also asked to comment on competition from Apple in the foldable smartphone space, even though Apple did not express the desire of creating a foldable smartphone thus far. Mr. Yu said that he doesn’t think Apple will release a foldable iPhone this year, and he says that it’s possible the company won’t do it in 2020 either.

According to Richard Yu, Huawei is working on some rather interesting prototypes, as he mentioned that the company is working on devices with 100 and 200-inch displays, though he did not elaborate on that.

Yu also said that he expects Huawei to become “the market leader by next year at the latest”, he said that Huawei is already really close. He was referring to the competition with Samsung, as Samsung is still the world’s largest smartphone manufacturer, but Huawei has clearly set its sights on dethroning that South Korean giant.


Huawei had announced yesterday that its Mate 20 series of smartphones has been selling really well, the company sold over 10 million units since October. Huawei’s sales will probably get a huge boost soon, as the P30 series of smartphones is scheduled to launch later this month, on March 26. Huawei’s P series devices are usually amongst the best selling phones from the company, and the same will probably be the case with the P30 series as well.

As part of this lineup, Huawei will probably introduce the P30, P30 Pro, and P30 Lite handsets. The P30 and P30 Pro will be the company’s flagships, even though the P30 Pro will be slightly more powerful, while the P30 Lite will be marketed as a budget alternative to those two handsets. The Huawei P30 and P30 Pro will be fueled by the same processor as the Mate 20 series, the Kirin 980, while the P30 Pro is said to ship with brand new camera tech which will enable 10x optical zoom.