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South Korean Tech Giant Samsung Likely Working on a Cheaper Galaxy Fold

On the rear, it packs a 16MP + 12MP + 12MP triple rear camera set-up. The device also sports a 10MP camera on the front for selfies

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samsung
To get ahead in the fast-changing tech industry, Samsung said it will expand investment in burgeoning tech segments to propel growth. Wikimedia Commons

As South Korean tech giant Samsung is all set to roll-out its much-awaited foldable smartphone ‘Galaxy Fold’ on September 6, a new report now suggests that a cheaper Galaxy Fold device for $1,000 is in the works.

The current Galaxy Fold handset is priced at nearly $2000 which is not an amount most people are willing to pay and is not accessible to a larger segment of the population.

The company is planning to use a cheaper design for bringing down its price with just 256GB of internal storage, half of what the current Galaxy Fold offers at 512GB, SamMobile reported on Friday.

samsung galaxy fold
Connectivity options on the Samsung Galaxy Fold include WiFi, GPS, and USB Type-C. Flickr

In terms of specifications, the current device features a 7.3-inch primary flexible AMOLED display and a secondary 4.6-inch screen.

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The premium smartphone comes backed by a 7nm Qualcomm Snapdragon 855 octa-core SoC, paired with 12GB of RAM and 512GB storage.

On the rear, it packs a 16MP + 12MP + 12MP triple rear camera set-up. The device also sports a 10MP camera on the front for selfies. (IANS)

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Samsung in a Deal to Supply 4G and 5G Network Equipment to Canada

It marks the first time for Samsung Electronics to supply telecom equipment to Canada, Yonhap news agency reported

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Samsung
Samsung Electronics accounted for 11 per cent of the global market for telecom equipment in the third quarter, rising sharply from 5 per cent posted at end-2018, according to the data compiled by industry tracker IHS Markit. Wikimedia Commons

Samsung Electronics Co. said that it has won a deal to supply fourth-generation (4G) and fifth-generation (5G) network equipment to Videotron, a Canadian telecom firm.

“Starting in early 2020, Samsung will deliver 4G LTE-A solutions across Quebec and Ottawa,” the company said in a statement.

“Samsung will increase efficiency in accelerating the expansion of 5G service coverage to match the pace with Canada’s 5G commercial launch, which is expected to take place in late 2020,” it added.

It marks the first time for Samsung Electronics to supply telecom equipment to Canada, Yonhap news agency reported.

Samsung
Samsung Electronics Co. said that it has won a deal to supply fourth-generation (4G) and fifth-generation (5G) network equipment to Videotron, a Canadian telecom firm. Wikimedia Commons

Samsung Electronics accounted for 11 per cent of the global market for telecom equipment in the third quarter, rising sharply from 5 per cent posted at end-2018, according to the data compiled by industry tracker IHS Markit.

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The company is anticipated to post sales of 6.2 trillion won (or $5.29 billion) from the segment this year, marking a whopping 50 per cent growth from 4.2 trillion won recorded in 2018, market watchers said. (IANS)