KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
No Result
View All Result
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
No Result
View All Result
Home Huawei

LG, Samsung Face Competition in Foldable Phone Race

 1,097 total views,  1 views today

KoreaTechToday Editor by KoreaTechToday Editor
PUBLISHED: October 7, 2019 UPDATED: October 7, 2019
in Huawei, LG, Motorola, Samsung, Uncategorized
0
LG's V50 ThinQ 5G
LG's V50 ThinQ 5G

LG's V50 ThinQ 5G

Industry officials said on Friday that LG Electronics and Samsung Electronics face more competition in the dual-screen, foldable smartphone market as their rivals are planning on launching similar devices.

LG Electronics previously launched its dual-screen V50 ThinQ 5G last May 10, with plans to roll out an upgraded V50S ThinQ on October 11. Following LG’s release, Samsung launched the Galaxy Fold, September 6.

Joining the race within the year, Huawei and Motorola are planning on also launching their devices.

Meanwhile, Microsoft, on Wednesday, made a surprise announcement in New York, stating that it will launch its foldable Surface Duo next year.

The announcement came three years after Microsoft halted its smartphone business to delay the entry of its Windows operating system in the smartphone market.

“Surface Duo is an Android-based device equipped with a dual-screen,” a Microsoft official said.

The firm said, with two 5.6 inch displays, the phone can fold out increasing overall screen display to 8.3 inches. The U.S.-based company added that it would begin shipments at the end of 2020, withholding the market price.

According to Counterpoint Technology Market Research, the global foldable smartphone market will grow exponentially in the coming years. This year about 400,000 devices is in the market and 3.2 million in 2020, 10.8 million in 2021, and 36.8 million in 2023. Counterpoint Research is a global research firm specializing in mobile & technology products in the TMT industry.

Samsung Electronics’ new foldable phone got off to a good start, enjoying a better-than-expected response from consumers worldwide.

Galaxy Fold, despite its high price tag of 2.39 million won ($1,997), had an initial run of 3,000 devices sold in less than 24 hours. It offers a new user experience with a wide foldable screen that no other device can present for now.

Cited as an alternative for Galaxy Fold, LG’s V50 ThinQ 5G has been gaining popularity for its lower price.

Huawei, on the other hand, announced its plans to launch its foldable Mate X smartphone, raising the stakes of the competition in the market. Huawei’s plans, although a good investment for the company, has raised concerns that it will be hampered by the prolonged U.S.-China trade war.

The Motorola Razr foldable phone is also expected to be launched before the end of the year.

Featured image grabbed from LG’s website.

What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: HuaweiinnovationLGMotorolaSasmsungsmartphones

Related Posts

Huawei announces grand plans to create a global ecosystem at 'Huawei Connect 2022'
LG's V50 ThinQ 5G
Digital Transformation

Huawei announces grand plans to create a global ecosystem at ‘Huawei Connect 2022’

September 20, 2022
Korea's first 'Ieum 5G (5G specialized network)' service at Naver's second office building '1784' in Bundang-gu, Seongnam-si, Gyeonggi-do.
LG's V50 ThinQ 5G
5G

Naver Cloud & Samsung Electronics to build the world’s first 5G driven cloud-based autonomous driving robot 

June 17, 2022
LG & Samsung
LG's V50 ThinQ 5G
LG

Samsung Electronics & LG Electronics post record first-quarter earnings

April 8, 2022
KT will soon commercialize 5G SA in South Korea: Samsung offers common core
LG's V50 ThinQ 5G
5G

KT will soon commercialize 5G SA in South Korea: Samsung offers common core

February 4, 2022
Samsung beats Intel to become the largest semiconductor company
LG's V50 ThinQ 5G
Chips

Samsung beats Intel to become the largest semiconductor company

February 3, 2022
Samsung Introduces World’s First-ever MRAM Based In-Memory Computing
LG's V50 ThinQ 5G
AI

Samsung Introduces World’s First-ever MRAM Based In-Memory Computing

January 27, 2022
No Result
View All Result

Follow Us

FREE NEWSLETTER




PRODUCTS

Most Popular

  • 5 Best Korean to English Translation Apps

    0 shares
    Share 0 Tweet 0
  • Top South Korean Tech Products to Look Out for in 2021

    0 shares
    Share 0 Tweet 0
  • Top Eight Promising EdTech Startup Companies in South Korea

    0 shares
    Share 0 Tweet 0
  • 5 All-Time Best Rom-Com K-Dramas to Watch

    0 shares
    Share 0 Tweet 0
  • Korean tech giants to focus on future innovations & sustainability actions at CES 2023 

    0 shares
    Share 0 Tweet 0
  • Top Nine Mobile MMORPG in South Korea for 2020

    0 shares
    Share 0 Tweet 0
  • World’s First 5G Robot Café has a Seoul Opening

    0 shares
    Share 0 Tweet 0
  • Top 10 Must-Have Korean Apps You Need When Visiting in Korea

    0 shares
    Share 0 Tweet 0
  • South Korea Improves Digital New Deal with the Data Dam Project

    0 shares
    Share 0 Tweet 0
  • Coway Changes Name After Netmarble’s Aquisition

    0 shares
    Share 0 Tweet 0
  • About Us
  • Account Page
  • application form
  • Cookie policy
  • Default Redirect Page
  • homepage
  • Login
  • login form
  • LogOut
  • Newsletter
  • Privacy Policy
  • Register
  • Reset Password
  • Sample Page
  • Subscription Plan
  • Terms of Use
  • test
  • test
  • testpage
  • TOS Page
  • Visitor Inside User Page

Copyright © 2022 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |

No Result
View All Result
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government

Copyright © 2022 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |