Huawei announced its next-generation foldable, Mate X2, in China today. The phone has an inward-facing design, in stark contrast to the original Mate X, whose screen is wrapped around it. In other words, it finally adopts the design approach that Samsung has stuck with since the original Galaxy Fold ̵

1; a wise decision given how fragile, flexible panels are. However, what may turn out to be a little less clever is how much Huawei wants you to pay for the phone.

The Mate X2, with its square camera module and hole-punch screen, is somewhat similar to the Galaxy Z Fold 2. Huawei helps it stand out with its slightly conical shape (see photo below), which also brings the center of gravity closer to where you would hold the phone.

Both monitors are OLED panels with a refresh rate of 90Hz: the external one measures 6.45 inches and the internal one 8. But only the external monitor has holes on the forward-facing camera. Speaking of the camera, the primary setup consists of a 50MP wide-angle sensor, a 16MP ultra-wide, a 12MP telephoto (3x optical zoom) and an 8MP “SuperZoom” (10x optical zoom) camera.

The X2 is powered by the Kirin 9000 chipset, which debuted with the Mate 40 series last year and is equipped with 8 GB of RAM and up to 512 GB of storage. On the software front, the phone comes with EMUI 11 based on Android 10, but will be one of the first phones that was updated to HarmonyOS in April.

Huawei Mate X2 is announced in China and has one steeeep Starting price of ¥ 17,999 (~ $ 2,785), which is significantly more expensive than the $ 2000 price tag for Samsung’s Galaxy Z Fold 2. It is not known whether Huawei will introduce the phone to any markets outside China, but given that it can not make use of Google Mobile Services, Huawei would have a hard time convincing users to drop a thick chunk of money on it.