Huawei lost over $60-70 million on Mate Xs foldable phone

Huaweis consumer business CEO Yu Chengdong has revealed that the company has so far lost around $60 to $70 million dollars in selling the Mate Xs foldable smartphone, even though it is priced at 16,999 Yuan ($2,267).

from Gadgets Now https://ift.tt/3b38sYA