Huawei Mate XT Beats Rivals In Tri-Fold Phone Race But Ouch, That Price

Ooof, talk about a gut-punching let-me-double-check-my-credit-score price—Huawei's global version of the Mate XT tri-folding smartphone has been announced and it looks like folks will need to fork up a lung and a kidney just for the bragging rights. At about $3,300, the phone is being sold outside of China for the first time (minus the U.S. of course, thank you trade sanctions). It's too early to tell how well the Mate XT will contribute to Huawei's bottom line, although affluent customers (whom we assume the phone is targeted to) ought to give the phone (and brand) a nice social boost.

Perhaps wanting to ride the hot sales (and renewed interest in the brand) on the local China market, this week Huawei made headlines by offering the Mate XT, the first ever tri-fold smartphone, to global markets. However, at an MSRP of roughly $3,300 ...