[THE INVESTOR] Samsung Electronics has recently filed a trademark for its pending foldable smartphone, dubbed “Galaxy X,” with South Korea’s patent office.
The Korean tech giant has been widely rumored to be working on its first fordable smartphone -- with the bendable screen folding outward, unlike the old flip phones -- as early as in the third quarter this year.
Samsung likely to unveil foldable phone in Q3
Samsung mobile chief hints foldable phone imminent
As previously reported by The Investor, Samsung plans to showcase the folding device as well as the upcoming Galaxy Note 8 smartphone, at the IFA electronics trade show in Berlin in September.
Sources say the initial production volume of the foldable phone, measuring approximately 7 inches when unfolded, is expected to reach more than 100,000 units.
Last year, Samsung Electronics President and mobile chief Koh Dong-jin said the company was still gauging the launch timing of the unprecedented phone in the market, adding related hardware development has already been completed.
In the meantime, Samsung, which is still reeling from the fallout of the discontinued Note 7, plans to unveil its new flagship smartphone Galaxy S8 in New York and London on March 29.
By Kim Young-won (firstname.lastname@example.org)