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November 8, 2018,   4:21 PM

Samsung’s New Foldable Phone Is Finally Here

Forbes Middle East

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Smartphone giant Samsung has ended months of speculation about its new foldable phone by previewing it at its fifth annual developers conference in San Francisco.

Dubbed Galaxy F, Samsung has been toying with the concept of a foldable phone that could double as a handset and a tablet. The latest device is just that and works on a new display technology called Infinity Flex Display that lets a user open and close the phone without any problems.

When the handset is unfolded it transforms into a 7.3 inches tablet and while it is closed it exhibits a smaller display and can be held in a pocket.

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via Gfycat

The device that was showcased was not the final version and it is likely that phone could be sleeker, reports indicate. Samsung has also said the phone will begin mass production soon.

Samsung and Huawei have been working on the concept of a foldable phone, with the latter aiming to launch a foldable 5G smartphone by mid-2019. However, both were beaten by a Chinese startup Royole that launched a foldable Android phone, priced at $1,300.

Samsung’s new foldable phone also comes at a time when smartphone shipments are declining. According to IDC, global smartphone shipments were down by 6% during the third quarter of this year, with 355.2 million units. Samsung registered a 20.3% market share within this period though its shipments fell by 13.4% year-on-year.

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