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Samsung will launch a new folding phone, smartwatch on August 11

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On August 11, Samsung Electronics will hold an online ceremony to introduce its latest folding phone and other devices, such as smartwatches and wireless headphones.

Specifically, at the upcoming “Unpacked” event, Samsung will introduce two Galaxy Z Fold3 and Galaxy Z Flip3 phones, two Galaxy Watch4 and Galaxy Watch4 Classic smartwatches, and a new Galaxy Buzz2 wireless headset.
Previously, Samsung was supposed to introduce the Galaxy S21 FE, a cheaper version of its high-end Galaxy S21 smartphone model, but scrapped this plan to focus on smartphones with high-end features. new foldable.
The main difference from Samsung’s previous foldable phones is that users can use the S Pen stylus with the new Galaxy Z Fold model while the clamshell Galaxy Z Flip3 is expected to have a display. larger than the previous version.
Industry analysts say Samsung will lower the price of new phones to better compete in the new design competition with Chinese rivals.
Samsung pioneered the foldable smartphone market with the Galaxy Z Fold in 2019 but failed to increase sales mainly due to the high price tag. About 500,000 foldable smartphones were sold worldwide in 2019 and about 3 million in 2020.
Kiwoom Securities analyst Kim Ji-san forecasts the market will double. more than doubled to 7.19 million units this year as Chinese phone makers stepped in.

This number is estimated to grow to 14.1 million in 2022 and 31.12 million in 2023 when US mobile phone maker Apple launches foldable iPhones. This analyst thinks that with the price reduction and improved features, such as the addition of the S Pen, Samsung will be able to enjoy the advantage of the first.
Analyst Kim Ji-san said, “Samsung is focusing on the foldable phone market in an effort to close the gap with Apple in the high-end phone market.

Instead of the big-screen Galaxy Note series, they’ve produced a new line of phones to establish it as the flagship model.” Samsung’s foldable phone sales this year will be around 6.17 million units, accounting for 86% of the world market.
Samsung will use the new operating system developed by Google for a sample smartwatch his new, unlike the Galaxy Watch previously used software genuine.

With the new operating system, Samsung is expected to challenge the Apple Watch, the leading product in the smartwatch segment.

Related: Detailed performance Review of Xiaomi Redmi Note 10

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