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Why are phones so expensive?

High-end smartphones, like Huawei's new foldable, often come with hefty price tags due to several factors. These include the cost of advanced research and development, cutting-edge components like new chips and flexible screens, and the manufacturing processes involved. Branding and marketing also play a significant role in their final retail price.

Stories that explain this

Huawei launches new foldable phone as rivals prepare theirs

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