Huawei’s CEO Richard Yu says the Chinese company is working on a smaller foldable phone, the size of the P30 smartphone that it just launched. In an interview with GSM Arena, Yu said that he expects half of the Huawei flagship devices to be foldable by 2021. Yu was quoted as saying:
Currently, folding phones are just in the beginning and the market share is small, they cost a lot and it’s very expensive to produce such devices. As times fly, the costs will reduce, I think in two years foldable phones will have a similar price to current flagship phones. I think that on a flagship level in two years, half of our devices could be foldable.
Smaller phone coming
Yu says he enjoys using the Mate X foldable phone that the company announced in February. He thinks it’s especially handy for reading charts, graphs and browsing the web. Yu uses it alongside a regular sized P30 Pro.
In the future we can make a foldable phone sized in half of this P30 Pro, we have plans for a smaller foldable phone.
The Huawei Mate X will be commercially available in the summer for 2295 euros. That’s 290 euros more than the Samsung Galaxy Fold, which will be available at the end of this month.