GUANGZHOU -- Huawei Technologies' new trifold smartphone, which fetched a large premium on the resale market upon launching, has seen street prices drop sharply in the few weeks since then.
Slumping consumer sentiment, talk of increased supply depress Mate XT street prices
The Huawei Mate XT trifold smartphone drew nearly 7 million preorders before its September launch. © Reuters
GUANGZHOU -- Huawei Technologies' new trifold smartphone, which fetched a large premium on the resale market upon launching, has seen street prices drop sharply in the few weeks since then.