Chinese phone maker Huawei launched its latest foldable smartphone named "Pocket S" on Wednesday. 

With a clamshell design similar to previous models and a more consumer-friendly price tag, the Pocket S features a core chip not designed by Huawei's HiSilicon but by U.S. chip giant Qualcomm. 

The Snapdragon 778G system-on-a-chip (SoC) targets mid-range users instead of high-end ones and does not support 5G networks because of a U.S. export restriction.

The phone has features similar to Huawei's previous P50 Pocket model, like taking a selfie with the more powerful rear camera, a small and light form factor and the HarmonyOS 3.0 software.

Like the Mate 50 series, the Pocket S can also compress its storage in a way that multiple copies of a file only occupy one copy's space, a feature yet to be available to previous models even if they are upgraded to HarmonyOS 3.0.

The 128-gigabyte version of the phone sells at 5,988 yuan or about $830. The price is lower than foldable phones by almost all of its competitors, whose base models are usually priced at around $1,000.

The company also revealed its new television product, the Vision V Pro, which comes with AI-based picture quality enhancements, and the "MateStation X 2023" all-in-one computer with a touchscreen and an Intel i9 chip.