Samsung to ship 7 mn foldable smartphones this year: Analysts

Samsung Electronics’s foldable smartphone shipments are expected to be around 7 million units this year, about three times more compared to a year earlier, analysts said on Thursday, as its new models come with cheaper price tags even with upgraded features.

Samsung unveiled the Galaxy Z Fold3 and the Galaxy Z Flip3 at the Unpacked online event on Wednesday, highlighting upgraded displays, durability and functionality. They are scheduled to be launched globally on August 27.

The Z Fold3 is Samsung’s first foldable smartphone to support the S Pen stylus, while housing an under display camera on the main screen for the first time. The Z Flip3 comes with a larger cover screen than its predecessor along with a slimmer design.