GUANGZHOU -- Huawei Technologies' new trifold smartphone, to be released Friday, is popping up on online marketplaces at more than double the list price before it even hits the market, as Chinese tech fans scramble to get their hands on the difficult-to-produce device.
Preorders for the Mate XT on Huawei's homepage alone topped 5 million as of Wednesday afternoon. A sales representative at a Huawei store in Guangzhou said it would be available there no sooner than February or March.
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