Samsung Foldable Phone Was Revealed at Oscars 2020

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Teuta Franjkovic
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We are all already used to that, when some new products come along, what you get first – are leaks. Sometimes the leaks are just fake, and sometimes they can be even non-legal. Be it as it may, after Samsung suffered weeks of leaks of its new, long-awaited, upcoming foldable phone, the company decided to scoop itself.

Just a few days before the Galaxy Unpacked event that will happen tomorrow, on February 11th, Samsung went out with an ad for the Galaxy Z Flip during this year’s Oscars ceremony.

That Samsung ad. pic.twitter.com/rt7ntg68Oe

— Nicole Lee (@nicole) February 10, 2020

Secondary Display for Video Calls

The ad itself confirms that most of the leaks we religiously followed, were right. A lot of what we’ve already seen in leaked hand-ons were as it is, however with a much better look at it when it’s fully folded. There seems to be another display on the phone’s back that will show a caller ID when there’s an incoming call, and you might even be able to answer the call with the phone closed. The ad also shows the phone can be placed on the table at a 90-degree angle for video chats.

Still, the specifics are not known yet. WinFuture’s Roland Quandt says that it’ll likely carry last year’s Snapdragon 855+ processor and a 3,300 mAh battery and two primary cameras. There seems to be a small crease in the center of the main screen, which is a natural characteristic of the screen. There’s speculation that it’ll cost almost $1,400 sans contract and might be on sale as early as February 14th.

Samsung Galaxy Z Flip: Defining a New Era

Be it as it may, this phone represents Samsung’s effort to “define a new era,” said the company’s new mobile chief Taemoon Roh. As per the outside design, it is already known that the company already made a special edition in collaboration with fashion designer Thom Browne.

The phone will come in at least black and purple colors, according to the advertisement. The South Korean technology behemoth is also expected to debut a trio of new phones in its flagship Galaxy S family, all launching under the Galaxy S20 banner at the same event as the new foldable device.

With this new phone, the company hopes to raise its results since the results from the fourth quarter weren’t encouraging at all. Its net profit dropped 38.2% compared to the same quarter a year earlier, in line with the company’s previously reported guidelines. Net income stood at 5.23 trillion won ($4.4 billion) in the last three months of 2019, down from the 8.46 trillion won in the same year-ago period.

Full-year figures revealed a net income of 21.74 trillion won, down 51% compared to the previous year.

Fighting with Coronavirus Repercussions

Earlier today, Samsung announced it will resume operations at their plants in China after a break amid the coronavirus outbreak. However, last week the company reportedly cut back on its presence at the Mobile World Congress in Barcelona this month over fears of the spreading of the coronavirus, which has claimed the lives of over 900 people worldwide. The company also promised its affiliates will extend loans to suppliers that were hit by the coronavirus outbreak. According to the statement, the company’s total support to affected contractors will amount to 2.6 trillion won ($2.2 billion).

Author: Teuta Franjkovic

Experienced creative professional focusing on financial and political analysis, editing daily newspapers and news sites, economical and political journalism, consulting, PR and Marketing. Teuta’s passion is to create new opportunities and bring people together.

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