On April 1, it was reported that Huawei had recently invested a lot of costs in folding smart phones. Recently, Yu Chengdong, CEO of Huawei's consumer business, expressed his short-term expectations for Huawei's folding smart phones in an interview.
As foldable devices are a new thing, Huawei's current main focus is the recently released Mate X, which will be launched in June this year. Huawei admitted publicly that this mobile phone is really expensive, because it has invested a lot of research and development costs. However, with the gradual popularity of foldable devices, Huawei expects that the price will begin to decline. Within two years, the price of Huawei's foldable flagship phones should not exceed that of ordinary flagship phones.
The price decline will lead Huawei to introduce more similar devices to the market. By 2021, half of Huawei's flagship mobile phones will be equipped with foldable displays, one of which is a small device, smaller than Huawei Mate X and Huawei P30 Pro.
Obviously, foldable devices will become more and more important to Huawei in the next few years. However, Huawei also knows that not everyone is interested in new designs. Some people prefer traditional smart phones. This means that the conventional equipment in our hands today will exist for a long time and will not be threatened for the time being.
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