Why Samsung expects its new folding phones to sell out

Australia News News

Why Samsung expects its new folding phones to sell out
Australia Latest News,Australia Headlines
  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 90%

Samsung has revealed new folding phones, new watches and new earbuds, all focused on eliminating problems found in earlier models.

Launching the new generation of Fold and Flip phones at its annual Unpacked event in New York, the world’s largest phone maker said it expected this generation of folding phones to do twice as well as the last generation – a prediction with which analysts broadly agree.

Though the phone maker says it has made great strides in ensuring the flexible plastic screens inside Garry McGregor, the vice-president of Samsung Australia’s mobile phone division, said the company expected to sell twice as many Fold4 and Flip4 phones as Fold3 and Flip3 phones. For the first time, Samsung expects Australian sales of the Flip4 to outstrip sales of the Fold4, more in line with global trends.

In an effort to keep the prices unchanged this year Mr McGregor said that Samsung would wear the now-higher costs of components and shipping, and sell the devices at lower profit margins.At the same Unpacked event, the electronics giant also unveiled a new pair of Bluetooth earbuds, the Galaxy Buds2 Pro, which it says should fit better than previous models, as well as a couple of new smartwatches, the Galaxy Watch5 and Galaxy Watch5 Pro.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialReview /  🏆 2. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stress less: Why we shouldn’t fear the four-day working weekStress less: Why we shouldn’t fear the four-day working weekIt takes a certain leap of faith – and plenty of planning – to make the change to a shorter week, but the benefits for my business and staff are tangible. | Lauren Crystal | OPINION workplace
Read more »

Why it’s impossible to say if the worst of the pandemic is overWhy it’s impossible to say if the worst of the pandemic is overEpidemiologists are increasingly confident that Australia has passed the peak of the winter Omicron wave, but say it is foolish to try to predict the evolution of the virus.
Read more »

Why Canva gets 300,000 job applications a yearWhy Canva gets 300,000 job applications a yearOffice perks are one of the reasons the Sydney-based graphic-design company is winning one of the crucial wars of business: the war for talent.
Read more »

Why the big banks are betting on a recession - ABCWhy the big banks are betting on a recession - ABCThe reserve bank has spent most of the year furiously increasing interest rates but now the big banks are betting they'll start falling again soon. \n\nIt's not due to an improving economic outlook. It's because the rapid rate hikes globally could land us in recession. \n\nToday, ABC business editor Ian Verrender on the 'miserable' state of the economy and why the credibility of the RBA is on the line. \n\nFeatured:\n\nIan Verrender, ABC business editor
Read more »

Why I stopped going to the barber shopWhy I stopped going to the barber shopThrough all my years of visiting the barber, I became privy to the poisonous things that men only hissed around each other. | George Haddad
Read more »

Why two tiny island nations were the biggest winners at Commonwealth GamesWhy two tiny island nations were the biggest winners at Commonwealth GamesAustralia finished at the top of the Commonwealth Games medal tally, no doubt about it. Per capita though, the Aussies were outdone by two tiny islands - including one whose premier played lawn bowls in Birmingham tomdecent
Read more »



Render Time: 2025-04-03 02:44:13