Huawei’s consumer company CEO Yu Chengdong has shown that the organization has up to now dropped around $60 to $70 million bucks in selling the Mate Xs foldable smartphone, though it’s priced at 16,999 Yuan ($2,267).
According to him, the costs of flagships are largely due to the expense of manufacturing, and should the total cost of this flexible screen drop then it’s likely to make some gain, reports GizmoChina.
Huawei telephones continue to be a challenging market abroad because a US blacklist has access accessibility to Google programs like YouTube, Google Maps and Google Play.
Yu reassured users who Huawei mobiles will probably be nice even without US parts
He explained that Huawei’s investment in R&D will probably be the second-largest this season.
Yu added that a few of the opponents simply invest a thousand Yuan in R&D, but his business is investing $20 billion.