No monthly updates for these premium smartphones from Samsung

Clark ByrdSep 08, 2018

As for the time being, nothing much is clear about the Samsung foldable phone, codenamed the Galaxy X. It is more possibly to be the size of a small computing tablet, a little hefty than a normal flagship smartphone while folded, and will almost particularly be expensive.

Samsung's head of mobile has said it is "time to deliver" foldable smartphones, fuelling speculation the company is about to reveal a bendable device.

"It's time to deliver", Koh said of the company's foldable phone, according to the report.

Apparently, Samsung conducted a series of consumer surveys and is confident now that there is sufficient demand for such a foldable devices.

A Samsung executive hinted that the company will unveil more details about its long-awaited foldable smartphone this year. He added that the product was "complicated" to build, but its development is "nearly concluded".

Koh said that the strategy shift is also an attempt to attract more millennial users. Sales in its mobile division fell 20 percent year-on-year in the second quarter of 2018 with the company attributing it to lower-than-expected sales of its high-end Galaxy S9 device. The flawless foldable phone would have a single display that can fold.

The rumored cost of Samsung Galaxy F may be $2000. "But when you need to browse or see something, then you may need to unfold it", Koh told CNBC. When unfolded, the device will offer a different experience than a tablet.

Whether this actually comes to pass remains to be seen. That is why it is one of the dominating players in the smartphone market. Samsung intends to show a prototype of this device already at the end of this year. Patents have previously suggested it could be closer to the size of a tablet than a phone, which the reported screen size does nothing to counter. That's why the Korean giant wants to embed functionalities that will make customers realize that the form factor lets them do things that were unimaginable on other devices.

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