Whereas Huawei has put a 19,999 yuan (US$2,800) price ticket on the 256-gigabyte mannequin of the Mate XT, many scalpers have listed the brand new 5G handset from 60,000 yuan to 70,000 yuan amid a rising variety of inquiries, based on Lin Shen, a second-hand smartphone vendor in Huaqiangbei, the world’s largest electronics wholesale market.
“The costs at Huaqiangbei are nonetheless very unstable,” Lin stated. “Many of the curiosity is from scalpers who wish to resell [the Mate XT] and make a revenue from the value distinction.”
The Mate XT, touted by Huawei because the world’s first industrial tri-fold smartphone, had generated greater than 6.3 million reservations on the corporate’s Vmall e-commerce platform as of Wednesday afternoon. Huawei began pre-orders on September 7.
The no-deposit reservations on Vmall, nonetheless, don’t assure a right away buy for many who have signed up owing to the restricted provide of the Mate XT.
