Huawei's first foldable has generated nearly $500 million in sales

Last month, Samsung president Young Sohn electrified the smartphone industry when he said that his company had sold 1 million foldable units at nearly $2,000 a pop. and a couple of days ago at CES, mobile chief DJ Koh said . That means that the foldable generated nearly $1 billion in revenue for the company.

The other foldable handset available from a major manufacturer is the , although it is limited to domestic sales inside China only. According to the company, it has been selling at a rate of 100,000 units per month since its launch in November. The Mate X is ...

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