Igeekphone News, April 24th: According to the report of South Korean media Joongang Ilbo today, Samsung may hold a press conference in New York, the United States in early July to release the Galaxy Z Flip7 and Z Fold7 foldable screen phones.
According to the newspaper citing industry sources, Samsung has chosen New York, the United States, as the venue for this year’s Galaxy Z Flip7 and Z Fold7 foldable phone launch events. Relevant preparations are currently underway and the date is tentatively set for early July.
Meanwhile, the newspaper quoted a financial source familiar with Samsung’s situation. The source said that Samsung chose New York as the venue for the press conference because its market share in the United States has performed poorly in recent years. (Counterpoint Research’s U.S. smartphone market share in the fourth quarter of 2024 shows that Apple accounts for 65%.) Samsung holds 18%. Meanwhile, due to the impact of the US tariff policy on Apple’s supply chain, Samsung may take this opportunity to counterattack Apple and increase its market share in the US.
According to a previous report by Igeekphone citing The Bell, Samsung is expected to mass-produce a new foldable phone next month and release a triple foldable phone and an entry-level foldable phone around the fourth quarter of this year.