Samsung pours more resources to risky foldable smartphones bet after strong debut

Source: Tech – South China Morning PostSamsung Electronics is pouring more money into its gamble that folding smartphones will become the next big thing, as it projects a surge in sales of the novel handsets.Foldable smartphone sales are expected to increase by several times in 2021 from the previous year and continue significant growth in 2022, Samsung said on Thursday without providing a specific forecast. Its display division is expanding foldable panel production and making supplemental investments to pre-emptively address what…Read More

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