The technology giant Samsung announced Friday the launch of its first long-awaited collapsible smartphone, several months after def...

Samsung will launch a foldable smartphone after a long delay




The technology giant Samsung announced Friday the launch of its first long-awaited collapsible smartphone, several months after defective screens forced a shameful delay in its launch.

The world's largest smartphone manufacturer has spent nearly eight years developing the Galaxy Fold, but had to celebrate its launch in April after critics reported screen issues a few days after their use.

The launch of the device to $ 2,000 has caused a major setback for the company that hoped to wake up the demand for its high-end phones. Profits have fallen in recent quarters in the face of a weakened market and strong competition from Chinese competitors.

After months of "refining" the Galaxy Fold, ready to be used on 5G high-speed networks in some markets, Samsung has announced the launch Friday of the smartphone in South Korea, followed by some countries, including the United States and Germany. and France

The company will also offer Galaxy Fold users a program that covers 70% of the cost of screen repair once a year.

Shares of Samsung Electronics closed at 3.6% in Seoul.

The Galaxy Fold has been widely promoted as the "world's first collapsible smartphone", while competitors such as the Huawei of China compete to market similar devices.

Samsung has a history of humiliating setbacks with major products, including a global reminder of its Galaxy Note 7 devices in 2016 due to the battery explosion, which tarnished its reputation.

The company was also caught in the intensification of the trade war between Japan and South Korea resulting from the conflicts of the Second World War.

The dispute saw Tokyo impose significant restrictions on South Korean tech giants' exports in July, and Samsung Vice President Lee Jae-yong, who described the situation as a "crisis," in Tokyo to get materials.

Analysts said the trade dispute would affect the delivery of Samsung products, including the Galaxy Fold, as it is based on a chemical film produced by the Japanese company Sumitomo Chemical.

Lee is currently facing a new trial for his role in a massive corruption scandal that has resulted in the fall of former President Park Geun-hye.

He was first sentenced to five years in prison in 2017 for several convictions, including corruption, which was reduced to a sentence suspended on appeal. The Supreme Court ordered a new trial last month.

Analysts believe that this decision could pose a serious problem to Samsung.

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