It’s been a couple of years since foldable smartphones became a reality and there are a handful of companies that have already launched such devices. Companies like Samsung and Huawei are trying to make it a mainstream product and experimenting with the design and form-factor of foldable phones.

While Samsung has launched several foldable devices in the past few months, Huawei hasn’t been able to match the South Korean giant mainly because of the restrictions imposed by the United States. However, the Chinese giant isn’t backing down and is gearing up to make a comeback.

Huawei Mate X2 featured

As per the latest report coming from DigiTimes, Huawei is planning to launch three new foldable smartphones in the market. What’s noteworthy about these upcoming devices is that the company will price them in the mid-range category and not premium.

Lower pricing of foldable smartphones will make it more appealing and will help with the mass adaptability of such devices. This will lead to an increase in demand for the category and many other brands will join the bandwagon, ultimately benefiting the customers. The report adds that the popularity of foldable phones will also increase the global shipments of AMOLED display panels in 2021 from 4.4 million a year to around 12 million.

So far, the launch timeline for Huawei’s upcoming budget foldable smartphones is not yet known. Apart from Huawei, other smartphone makers like Samsung and ASUS are also gearing up to launch new foldable phones later this year.

RELATED: