Huawei launches foldable phone in China at prices starting from $2,400

SHANGHAI: Huawei Technologies Co Ltd started taking orders on Wednesday in China for its eagerly awaited foldable smartphone, as it ramps up marketing at home to make up for weak overseas sales amid U.S. trade sanctions.

The launch of the 5G Mate X smartphone has been delayed twice this year, as Huawei, the world’s No.2 smartphone maker, was forced to deal with tech supply disruptions caused by a U.S. trade blacklist imposed on the firm in May.