Huawei Takes Pre-Orders for Luxury Mate 70 Smartphone Without Deposit

In a move that is believed to inject fresh life into the struggling Chinese tech giant, Huawei Technologies on Monday announced that its online store has started allowing users to reserve the highly anticipated Mate 70 and two pro versions without requiring any upfront payment. According to the company's official WeChat account, no prices were disclosed for the premium smartphone models.

The development comes just ahead of Huawei's planned event on November 26, where it is expected to unveil its latest smartphone line-up under the Mate brand. The event is anticipated to bring some much-needed buzz to the struggling company, which has faced significant challenges in recent years due to intense global competition and US sanctions that have limited its access to crucial hardware components such as semiconductors and software tools.

As Huawei gears up for its eagerly-awaited Mate 70 launch, fans of the brand can now express their interest in the smartphone without having to part with a single penny. The company's decision to permit deposit-free pre-orders is seen as a bid to attract more potential customers to its online store and build up momentum ahead of its major event later this month.