Huawei delays foldable phone launch
- Huawei's foldable phone will likely launch in September, later than it was reportedly set to, as it does extra tests following the debacle Samsung went through with its Galaxy Fold.
- "We don't want to launch a product to destroy our reputation," a Huawei spokesperson confirmed to CNBC.
- The launch of the 5G-capable Mate X, which starts at around $2,600, is set to give the Chinese tech giant a boost after it was reportedly forced to scrap a planned launched of a new laptop because it was unable to deliver the product due to being on a U.S. blacklist.