Home / IT / Telecom / Tech/ Huawei breaks price ceiling with $ 2,600 folding 5G smartphone

Huawei breaks price ceiling with $ 2,600 folding 5G smartphone


Comments / {{hitsCtrl.values.hits}} Views / Tuesday, 26 February 2019 00:13


Huawei Consumer Business Group CEO Richard Yu presents the new Mate X smartphone, ahead of the Mobile World Congress (MWC 19) in Barcelona, Spain, 24 February – Reuters

BARCELONA, Spain (Reuters): Huawei Technologies unveiled a $ 2,600 folding smartphone on Sunday which it said was primed for next generation 5G mobile connections, even as the United States campaigns to bar the Chinese company from such networks over security concerns.

Huawei, the world’s second-largest smartphone vendor after Samsung, said it had taken the lead on developing phones for 5G – which promise super-fast internet speeds for consumers and businesses - because it was also involved in developing the networks.

“This phone is not only for today for 5G but also for future 5G. On all the benchmarks you can see the performance, the speed is the fastest for 5G in the world,” said Richard Yu, head of Huawei’s consumer business group.

Speaking ahead of the mobile industry’s biggest global event, which kicks off on Monday in Barcelona, Yu said the Huawei Mate X will have two back-to-back screens which unfold to become an eight-inch tablet display.

Yu said the Mate X would be able to download a 1 gigabyte movie in three seconds but also be priced at 2,299 euros ($2,607) when it goes on sale later this year, setting a new upper limit for consumer smartphones.

Samsung Electronics Co. Ltd. last week unveiled its own folding smartphone, priced at nearly $2,000, in a bid to top the technology of Apple Inc. and Chinese rivals and reignite consumer interest amid slumping sales.

Huawei, which is also the world’s biggest producer of telecoms equipment, is under intense scrutiny in the West over US-led allegations of enabling Chinese state espionage, accusations which the company denies.

Huawei’s chairman said on Sunday recent comments by US President Donald Trump that the US needed to get ahead in mobile communications through competition rather than seeking to block technology was “clear and correct”. 

 


Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Why NPP for minorities and the nation?

Tuesday, 12 November 2019

The two minority communities, Tamils and Muslims, and their ethnic political parties are once again caught up in a dilemma in choosing one or the other of the two leading presidential candidates, Sajith and Gota. The Tamil parties drew a set of 13 d


Corporate treasurers should make more use of derivatives to hedge risks

Monday, 11 November 2019

Humans have never liked the idea of uncertainty. More so, they did not like the idea of economic uncertainty. Hence, the need to hedge this uncertainty gave rise to the evolution of derivatives. Derivatives have been used by mankind for a very long


China’s rising giants

Monday, 11 November 2019

China’s evolution into a global powerhouse with the world’s second largest economy is a familiar story. Less well-known though is the tremendous growth of the nation’s state-sponsored aviation sector, which now has a global reach. Serving the w


Sajith: Our last best hope

Monday, 11 November 2019

Candidate Gotabaya Rajapaksa was addressing a massive rally in Polonnaruwa. Just as he commenced with the usual preliminaries, there occurred a diversion. Wasantha Senanayake, the infantile trapeze artist, thought it was the opportune time to appear


Columnists More