Tech Insider: Alibaba Chief Quits Weibo Board, New Foldable Phone

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.
Honor shoots for luxury market with first foldable phone
Honor Device Co. Ltd., the former sub-brand of Huawei Technologies Co. Ltd., has launched its first foldable smartphone as it pushes into a high-end market dominated by Apple Inc.’s iPhones.
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