"It won't be a big volume mover at that price, but keep in mind that notebook PCs used to cost $2,000, too, before they reached more affordable price points", Bryan Ma, vice president of devices research at IDC, said of Samsung's Galaxy Fold phone.
Huawei Technologies has recently unveiled a folding smartphone which it said was primed for next generation 5G mobile connections. Add to this the fact that there's a gap at the hinge end when the device is folded shut and that it's noticeably chunkier than Huawei's, and it's clear that Huawei has won this particular battle.
Huawei's foldable smartphone officially measures at 11 millimeters in thickness when folded outward, meaning the display has a curvature of at least 11 millimeters to fold out. But, of course, you have to fold the screen to get the preview for a selfie. However, Huawei's foldable smartphone doesn't have a notch.
The handset features re-designed Leica cameras, with the single trio of cameras on the back panel playing the roles of both front and rear cameras thanks to the foldable design.
The Huawei Mate X and Galaxy Fold also sport different camera setups. Samsung's line seems to have been a flat no - you can't touch this - and also seems to have encased it in a box that makes it hard to get close, casts reflections all over the device and just makes it a little more obscure.
Shen's images appeared to display the OPPO foldable phone as being thicker than Huawei's offering and with a wider-looking display when it is folded. This new large screen allows three apps to be displayed at once.
When folded, the device is a huge display smartphone with a 6.6-inch screen, and when opened, it turns into a slim tablet with an 8-inch screen.
The Bell does have some more info about the incoming Galaxy S10, however, and reports that Samsung is plotting a super-sized S10 Plus model that will sport a 6.44 OLED display. It comes with up to 8GB RAM and 512GB of storage.
That's probably why Huawei has chosen to dub the Mate X the "world's fastest foldable 5G phone" instead.
The BBC's technology correspondent Rory Cellan-Jones said the firm was determined, "in a confident, even arrogant press conference", to convey that it's now the leading innovator in smartphones.