Huawei Mate Xs: a huge minus business

The Huawei Mate Xs doesn't bring the manufacturer a penny! On the contrary, the second foldable smartphone from Huawei is a huge minus business!

The technology is still extremely expensive to develop. And even if the Huawei Mate Xs is not a completely new device but an improvement of the first Huawei Mate X , the device still does not make any money.

Although the model costs EUR 2,499.00 and, according to Huawei, the demand is probably quite high, but none of this is enough to make a profit with the device.

And according to Huawei CEO Richard Yu, the company has lost more than 55 million euros with the Mate Xs. And at the moment there is no prospect that you will ever make a cent profit from it.

According to Richard Yu, it will probably take 2 years before you can make money with foldables.

Huawei Mate Xs: A huge minus business first appeared on Xiaomist .

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