As if things weren’t surreal enough, the $3,000 Huawei Mate XT – the first tri-foldable phone – can now cost as much as $10,000, which is straightforwardly insane.
As if things weren’t surreal enough, the $3,000 Huawei Mate XT – the first tri-foldable phone – can now cost as much as $10,000, which is straightforwardly insane.
I don’t care how special, novel, or fancy a smartphone is – unless it’s made out of precious metals, it should not cost $10,000. There are cars (actual automobiles) for 10 grand that will serve you faithfully and will take you places, for crying out loud.
Huawei’s Mate XT has caused quite a buzz both in China and across the world. Although it’s currently only available in China, purchasing one there has become an enormous challenge. The demand for this jaw-dropping foldable has surged, with reports suggesting that resellers in China are hiking prices by as much as 200-300%.
Huawei initially set the price of the 256GB Mate XT at 19,999 yuan (around $2,800), but in Shenzhen’s Huaqiangbei, the world’s largest electronics marketplace, some sellers are offering it for as much as 60,000 to 70,000 yuan ($8,400-$9,800).
