Samsung Electronics on Wednesday unveiled two foldable smartphones as it continues to bet on devices with bending screens, a budding market that has yet to fully take off because of high prices. The clamshell-designed Galaxy Z Flip 5 and Galaxy Z Fold 5, a larger device that opens and folds like a book, can be pre-ordered in certain markets including the United States and South Korea starting Wednesday. Built with 6.7-inch and 7.6-inch main screens, the phones have bigger displays than Samsung's previous folding devices and are equipped with more advanced cameras, providing crisper visuals and more features for work, text and video chats, movies and games, the company said. Designed to be compact and easy to carry, the Flip 5 is also built with a 3.4-inch cover screen that allows it to be used folded in half. The phones, which run on Qualcomm's Snapdragon 8 Gen 2 processor chips, are slightly sleeker and lighter than their predecessors but designed to be more durable and ...
Korean smart devices major Samsung said it expects newly launched foldable smartphone models Galaxy Z Fold 5 and Galaxy Z Flip 5 to consolidate its leadership position in the market. According to a market research firm, Samsung led the Indian smartphone market with a 20 per cent share in the March quarter of the previous fiscal and was the leading brand for 5G adoption, accounting for a 24 per cent share. Every day, more people choose our foldables as they offer an experience people want that they can't get on any other device. Galaxy Z Flip 5 and Galaxy Z Fold 5 are the latest devices that prove our commitment to meeting the needs of our customers through innovative technology," TM Roh, president and head of mobile experience business at Samsung Electronics, said here. According to market research and analysis firm Techarc estimates, foldable handsets will contribute over 1.8 per cent of the total smartphone revenues for 2023. The estimate implies that over 6.35 lakh foldable ...
Among the core upgrades in the Samsung 2023 foldable is the new 'Flex Hinge', which is said to make the foldable experience possible without compromising on aesthetic balanced and solid design
India has changed digitally at a fast pace with the use of smartphones, and businesses will expand in the country in the coming years, a senior Samsung official said here. Samsung SouthWest Asia President and CEO JB Park said Digital India kind of projects were adopted in Korea in the past that brought growth and development in the country. India has a vast population under an average of 30 years, which will push for growth in demand and business, he added. "You have to think about the expanding population in India, and the proportion of people who are young, say below 30 years. You have to look at the penetration of each category, such as smartphones and refrigerators. If you look at India, in the next 20 years, the demand will not be soft, and businesses will expand," Park, who oversees India business, said. Samsung, at present, leads the India market in several technology verticals. Samsung led the Indian smartphone market with a 20 per cent share in the January-March 2023 quar
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