Samsung has announced that it will launch its first highly anticipated foldable smartphone on Friday, months after defective screens have forced an embarrassing delay since its release.
The world’s largest smartphone manufacturer has spent almost eight years developing the Galaxy Fold but had to be launched in April, after critics reported screen issues a few days after their use.
It was a major setback for the firm, which was hoping to spark demand for its high-end phones with the launch of the $2,000 device, with profits plunging in recent quarters in the face of a weakened market and strong competition from Chinese rivals.
After months of “refining” the Galaxy Fold, ready to be used on 5G high-speed networks in some markets, Samsung announced the release of its smartphone in South Korea on Friday, followed by some countries, including the United States Germany and France.
The firm will also offer a program to Galaxy Fold users under which the company would cover 70 percent of the cost of screen repair once within a year of use.
The Galaxy Fold has been widely promoted as the “world´s first foldable smartphone”, while rivals such as China´s Huawei have been racing to bring similar devices to market.
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