CES: TCL has shelved the foldable budget phone due to lack of interest

TCL planned to release a foldable phone in 2021, but has decided against it due to a lack of public interest. That tells TCL CEO Stefan Streit in an interview at CES to CNET. According to him, the telephone was too expensive for the general public; it was supposed to cost about $750, but the company insisted on getting it under $700. With such a price, the foldable smartphone would come closer to the normal phone from TCL and (for …