Samsung Galaxy Fold finally ready for launch, to hit markets in September

Samsung Galaxy Fold finally ready for launch, to hit markets in Sept.

Samsung's first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by screen problems earlier this year, the company said on Thursday.

Samsung is hoping its highly anticipated foldable phone will revive flagging smartphone sales but its rollout has been hampered by defects in samples reported in April, when it was originally due to hit the US market.

The delays cost the South Korean tech giant sales that could have provided a decent bump in revenue during the slow summer season.

Samsung said in a statement it had made improvements to the nearly $2,000 phone and was conducting final tests. Changes included strengthening hinges which early reviewers had found to be problematic.

Analysts said headlines about glitches with sample Folds would dampen consumer excitement around the launch.

"Consumer confidence in Galaxy Fold has significantly deteriorated. If Samsung manages to sell 300,000 devices this year, that can be a decent performance given the delay," said Kim Young-woo, an analyst at SK Securities.

Samsung said earlier that it planned to make at least 1 million Fold handsets in the first year, versus the total 300 million phones it produces annually on average.

The world's top smartphone maker has hailed the folding design as the future in a segment that has seen few surprises since Apple Inc's groundbreaking iPhone was released in 2007.

Chinese rival Huawei Technologies Co Ltd has also announced a folding handset, the Mate X, which is expected to go on sale in September.

Samsung is still in talks with mobile carriers around the world to decide on details of the Fold's sale, a source with knowledge of the matter said.

Business Standard

$2000 Galaxy Fold's screen broke after few days of use for some reviewers

The problem seems to be related to the unit's screen either cracking or flickering, according to Twitter posts by technology journalists from Bloomberg, The Verge and CNBC.

Samsung's new Galaxy Fold, a splashy $1,980 phone that opens into a tablet, is malfunctioning for some journalist reviewers after only a day or two of use, according to posts on social media on Wednesday.

The problem seems to be related to the unit's screen either cracking or flickering, according to Twitter posts by technology journalists from Bloomberg, The Verge and CNBC who received the phone this week for review purposes. The Galaxy Fold officially goes on sale on April 26 in the United States.

Samsung Electronics Co Ltd did not respond to several requests for comment.

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The South Korean company's Galaxy Fold resembles a conventional smartphone but opens like a book to reveal a second display the size of a small tablet at 7.3 inches (18.5 cm).

Although Galaxy Fold and Huawei's Mate X foldable phones are not expected to be big sellers, the new designs were hailed as framing the future of smartphones this year in a field that has seen few surprises since Apple Inc introduced the screen slab iPhone in 2007.

The problems with the new phone drew comparisons to Samsung's Galaxy Note 7 phone in 2016. Battery and design flaws in the Note 7 led to some units catching fire or exploding, forcing Samsung to recall and cancel sales of the phone. The recall wiped out nearly all of the profits in Samsung's mobile division in the third quarter of 2016.

Reviewers of the new Galaxy Fold said they did not know what the problem was and Samsung did not provide answers.

Bloomberg reporter Mark Gurman tweeted: "The screen on my Galaxy Fold review unit is completely broken and unusable just two days in. Hard to know if this is widespread or not."

According to Gurman's tweets, he removed a plastic layer on the screen that was not meant to be removed and the phone malfunctioned afterwards.

Dieter Bohn, executive editor of The Verge, said that a "small bulge" appeared on the crease of the phone screen, which appeared to be something pressing from underneath the screen. Bohn said Samsung replaced his test phone but did not offer a reason for the problem.

"It is very troubling," Bohn told Reuters, adding that he did not remove the plastic screen cover.

Steve Kovach, tech editor at CNBC.com tweeted a video of half of his phone's screen flickering after using it for just a day.