Samsung has launched three new foldable phones, including the Galaxy Z Fold 8, in an effort to expand its market share before Apple releases its first foldable iPhone.
Foldable Phone Market
The foldable phone market is a small but growing segment of the smartphone industry. Samsung has been the primary seller of these devices, but Apple’s entry into the market is expected to increase demand and competition.
Samsung’s new phones, including the Galaxy Z Fold 8 and Galaxy Z Fold 8 Ultra, feature improved designs and capabilities, such as a larger screen and sharper camera. The Galaxy Z Fold 8 starts at around $1,900, while the Galaxy Z Fold Ultra begins at roughly $2,100.
Analysts expect shipments of foldable phones to grow 21% annually in 2026, driven by Apple’s entry into the market and higher demand for book-style devices like Samsung’s new models.
Original reporting: KRDO (Colorado Springs metro) — read the source article.