South Korean electronics giant Samsung announced on Thursday it will release its cutting-edge foldable smartphone in September, despite a trade dispute between Seoul and Tokyo which analysts say will affect delivery.
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…434 Views | the publication reaches you by | Saudi Arabia Today
The decision was made in response to a South Korean court decision ordering Japanese firms that used forced labor during World War II to compensate Korean victims.
Samsung’s Galaxy Fold is among the end products that will be affected as it relies on a chemical film produced by Japanese firm Sumitomo Chemical, said IHS Markit display research director Tadashi Uno.
Samsung had planned to launch the Fold in April, but pushed back the release date after early reviewers reported screen problems after just days of use.
The smartphone giant said it has “made improvements” to the device since then.
Samsung has spent nearly eight years developing the Fold in an effort to spark demand and potentially revive a sector that has been struggling for new innovations.
Tech companies are already under pressure from a weakening global outlook, while the chip sector in particular is suffering from weak demand.
Do you have information you want to reach our readers?
A photographic tale of the aspirations of four women and their determination to achieve their goals, each one…