Samsung Electronics unveiled two new foldable smartphones on Wednesday, further showcasing their commitment to the emerging market of devices with bending screens. The Galaxy Z Flip 5 and Galaxy Z Fold 5, with their innovative clamshell and book-like folding designs, are now available for pre-orders in select markets like the United States and South Korea.
One of the notable improvements in these new phones is the size of their main screens, measuring at 6.7 inches and 7.6 inches respectively. This larger display provides users with crisper visuals and more advanced features for work, texting, video chats, watching movies, and playing games. The Flip 5 even comes with a 3.4-inch cover screen, allowing users to easily use the phone when folded in half.
Not only are these phones powered by Qualcomm’s Snapdragon 8 Gen 2 processor chips, making them sleeker, lighter, and more powerful than their predecessors, but the new models also boast increased durability and shock-resistance.
Of course, this advanced technology does come at a cost. The Flip 5 starts at around $1,000 in the United States, while the Fold 5 is priced at $1,800. However, Samsung’s reputation as a leading provider of folding phones, combined with the growing competition from other vendors like Google, Motorola, and Huawei, signals a positive trend for the global market of foldable phones.
Counterpoint, a technology market research firm, predicts that global shipments of foldable phones will reach nearly 19 million units in 2023, which represents a 45% increase from the previous year. This growth is primarily driven by rising consumer demand in China. In fact, Counterpoint even suggests that shipments could exceed 100 million units by 2027, especially if Apple decides to enter the foldable phone market around 2025.
While Apple has yet to announce any plans for foldable devices, the increasing popularity of foldable smartphones and Samsung’s continued innovation in this space indicate a bright future for this promising technology.
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