Huawei Unveils New Foldable Phone Despite Growing Chip Deficit

Caixin Global | Feb 23, 2021 at 8:17 AM
  • Huawei Technologies Co. took the wraps off its latest high-end foldable smartphone, hoping to stake out a place in a fast-expanding category despite dwindling expectations that Washington will soon roll back Trump-era sanctions.
  • The company is running phone production at close to minimum capacity to extend its existing cache of components and prolong the life cycle of its devices, spurring product shortages at retailers across the country.
  • It will run a version of Google’s Android tailored for China.