SAN FRANCISCO/SEOUL (Reuters) – Samsung Electronics (005930.KS) on Tuesday unveiled a foldable smartphone shaped like a large makeup compact and put 5G mobile network capabilities into all of its other flagship devices as it strives to retain the mantle of biggest global phone company.
Samsung’s second attempt at a folding phone after a delayed rollout last year comes as the South Korean firm fends off its traditional rival in the premium smartphone market, Apple Inc (AAPL.O), along with ascendant Chinese makers such as Huawei that have eaten into its sales in China and Europe.
Huawei has only released its own folding phones in China, and Apple has yet to release a 5G iPhone of any kind.
Analysts see the folding screen as a nod to fashion-focused consumers, while the 5G phones aim to give Samsung technology bragging rights over Apple.
The Galaxy Z Flip, with folding glass, starts as a large square when closed and expands to look like most smartphones. It will start at $1,380 and…
Source Reuters Tech News
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