Huawei's foldable Mate X phone goes on sale on November 15 at a staggering price

Well, that took a while. 

Huawei Mate X, the Chinese giant's first-ever foldable smartphone, will go on sale in China on November 15 for the price of 16,999 yuan ($2,403). By comparison, the 256 GB model of the iPhone 11 Pro Max starts at 10,899 yuan ($1,540). 

Huawei announced the news at an event in China Tuesday, according to Chinese outlet Sina Digital (via The Verge). 

Huawei Mate X was originally announced in February this year and scheduled to launch in June, but the launch was delayed multiple times, likely due to the U.Strade ban imposed on Huawei and a handful of other Chinese companies.  Read more...