Apart from Samsung, Huawei is the next big foldable smartphone maker on the market with its Mate X lineup. The most recent Mate X 2 stands out in every way possible and it would beat the Galaxy Z Flip 3 hands down if not for factors such as its software (sans Google’s Android) and the extreme price tag.

But the Chinese tech giant isn’t backing down on the foldable smartphone game just yet as a new report has it that the company is already mass-producing its next-gen foldable smartphones.

But this time around, Huawei will be making a compact foldable smartphone that will compete against the Galaxy Z Flip 3 and could sport a lower price point.

A report has it that investors of the company had held a meeting on Nov. 25th where Zhaoli Technology revealed it had commenced mass manufacturing of a new foldable smartphone hinge for a customer.

But Zhaoli Technology has failed to be specific about the company it was making those hinges for but industry observers suggest it might be for Huawei.

With different companies joining the foldable smartphone bandwagon, this will definitely put it as one of the next big tech product designs to look forward to in the very near future.

It’s not surprising though as Samsung has reportedly dumped its Galaxy Note lineup in favor of the foldable smartphones.

The current price tag of foldable smartphones is still a big issue but that can be attributed to the materials they are made with and the technology that goes into making the device.

The Galaxy Z Flip 3 being affordable and being really attractive in its design gave it a big boost with over 1 million unit sales in just 40 days according to reports.

Samsung is said to be planning to increase foldable smartphone shipments from 7 million to about 13 million by the year 2022 which includes 4 million Galaxy Z Fold and 9 million Galaxy Z Flip models.