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Samsung will release its Galaxy Fold in September

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Samsung will release its Galaxy Fold in September
July 26
13:00 2019

Samsung promises to start selling its new smartphone Galaxy Fold in September this year. The sales of the first smartphone with a foldable display should have started earlier but had to be postponed due to detected problems with the device.

The model was supposed to appear on the market in late April, but the company’s specialists decided to postpone the start of sales.

The new smartphone is a usual device that can transform into a tablet. However, the problems arose with the fold of the screen. Also, there were cases when some users removed the top layer of the screen, thinking it was protective film.

Samsung has stated that the problems have been resolved. The upper layer has been reinforced, while the folding mechanism has become more reliable.

There is still no word on the markets for selling new Galaxy Fold. There are only assumptions regarding the price of the device. Experts estimate the device at about 2 thousand US dollars.

The company has high expectations of the smartphone. Its release will allow the company to strengthen its position on the market as an innovator.

Huawei has recently introduced a smartphone with a foldable display too, but the restrictions and the conflict with the United States did not make it possible to widely distribute this model. Samsung has much better prospects in this regard.

In Thursday trading, Samsung shares increased 1.7%.

 

The material was prepared with the participation of Katya Wilson,
a leading analyst of the brokerage company UFT Group

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