Samsung Galaxy Z Fold 3 may arrive as early as May

Samsung Galaxy Z Fold 3 may arrive as early as May

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The alleged Galaxy Note 20 FE may be the last member of the Note family that the series has apparently it was interrupted. The line was apparently replaced by the Galaxy Z Fold line, which seems an overly optimistic move, given that the foldable sales volume away from the serial numbers of the note. A new report from the South Korean outlet Bloter explains how Samsung plans to address this issue.

Chaebol recently announced financial results for the fourth quarter of fiscal 2020 and, according to the report, Mobile Communications Business witnessed a quarter-on-quarter decline in profit due to lower sales and higher market expenses. This year, the company is pinning its hopes on the Galaxy S21, foldable and 5G smartphones for the mass market.

We will expand the foldable ecosystem through collaboration with our partners and continue to expand product maturity and the consumer experience.

The tech colossus has a ‘two-way folding’ strategy, which is not surprising based on the Galaxy Z Fold and Flip. The Z Fold is being touted as a device geared towards entertainment and productivity and, for Flip, the target market is millennials, especially consumers who want a smartphone with style and a competitive price. Interestingly, the OG Galaxy Z Flip was twice as popular with men as it was among women at launch.
This year’s Galaxy Z Fold 2 also appears to be is doing well, despite its high price and its successor must also support S Pen. Per Bloter, the Galaxy Z Fold 3 will be released in May this year. It remains to be seen whether there will be a new AMD-based SoC under the hood.
In short, foldable phones seem to be taking off and Samsung is eager to increase its popularity to maintain its dominance in the nascent market that it may soon. get crowded. Counterpoint Research estimates that total foldable shipments will increase almost eight-fold, from 700,000 units in 2020 to 5.5 million units this year.

It is difficult to reveal the medium to long-term roadmap, but we are reviewing various form factors and plan to present them to the market as soon as quality is sufficiently assured. ”- Seong Gu Kim, Samsung Electro-Mechanics.

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