Samsun­g last week unveil­ed its own foldin­g smartp­hone, priced at nearly $2,000Huawei 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. Huawei sees smartphone shipments rebounding in 2018 to over 200 million“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. Samsung last week unveiled its own folding smartphone, priced at nearly $2,000, in a bid to top the technology of Apple and Chinese rivals and reignite consumer interest amid slumping sales.

Source: The Express Tribune February 24, 2019 16:30 UTC