Samsung retrieving all Galaxy Fold samples after defect reports: source GlobeTechnology
In this file photo taken on February 20, 2019, Samsung senior vice- president of product marketing Justin Denison speaks on stage about the new foldable phone during the Samsung Unpacked product launch event in San Francisco. Samsung on Monday, April 22, 2019 said it is delaying the launch of its folding smartphone after trouble with handsets sent to reviewers.
The South Korean tech giant postponed the handset’s launch for an unspecified period of time while it investigated the matter. It said initial findings showed the issues could be associated with impact on exposed areas of the hinges.Samsung’s share price was 0.4 per cent lower as of 0425 GMT, in a flat Seoul market. However, parts suppliers fell, with hinge maker KH Vatec Co Ltd shedding 3.1 per cent.
In March, Samsung released a video showing robots folding Galaxy Fold handsets 200,000 times for its durability test. Though the issue does not hurt Samsung’s balance sheet, the postponement damages the firm’s effort to showcase itself as an innovative first mover, not a fast follower, analysts said.
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