Samsung's foldable smartphone is a 'game-changer' — but it won't be a profit-maker yet, analyst says
Samsung's new foldable smartphone is a "game-changer," but investors should not expect the new device to be a major contributor to the company's profits this year, according to an analyst. The South Korean tech giant announced the new phone, called the Galaxy Fold, on Wednesday at a launch event in San Francisco. It builds on Samsung's engineering and display innovation since its first flexible display prototype in 2011. Samsung was "always talking about a limited launch — very, very limited geography, a million units or less. It's not really going to drive Samsung's bottomline at all this year," he added.
Don't buy a foldable smartphone in 2019
as informed in The most exciting new technology of 2019, so far, has been foldable smartphones. The biggest phone makers in the world, including Samsung and Huawei, unveiled their first foldable phones last month. While these new phone designs are certainly exciting, it really makes the most sense to wait at least a year before buying one. Everyone's talking about foldable smartphones right now. But just because these new phone designs will soon be available for public consumption, it doesn't mean you should be one of the first to rush in.LG won't release a foldable smartphone anytime soon
"We have reviewed releasing the foldable smartphone when launching 5G smartphone but decided not to produce it," said Kwon. "LG's main issue in smartphone business is to regain its market position. Considering this situation, it is too early for LG to launch a foldable smartphone." It was widely expected that LG would launch the device at CES last month, though all we got in the end was its rollable TV. Its future, and the fate of LG's mobile unit, now likely hinges on the success of LG's upcoming batch of handsets.This week, Huawei unveiled a foldable smartphone
collected by :John Smith
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