Samsung unveils its new foldable phone at Oscars TV commercial

Samsung has unveiled its new foldable phone in a television commercial during the Academy Awards – Oscars on Monday.

The South Korean electronics giant will be holding its annual “Unpacked” event on February 11 where it usually debuts new flagship smartphones. More details on the company’s second foldable phone, which does not have an official name yet, is expected to be released then.

Various leaks have expected that the device would be named the Galaxy Z Flip.

Samsung was not immediately available for comment to CNBC.

According to the ad, the new folding phone appears to open upwards rather than outwards like the Galaxy Fold.

It also looks like it has a display on the outside of the device which can tell users who is calling and potentially enable them to answer while the phone is closed.

The ad also shows two colours of the device — purple and black.

In January, Samsung confirmed during its fourth quarter earnings report that a new foldable was on the way and said it would have a different design to its previous model, the Galaxy Fold, which was launched last year.

The Galaxy Fold was set to launch in April 2019 but kept breaking for some users. Samsung fixed the problems with the handset and ended up launching it later in the year with a hefty price tag of $1,980.

Source: CNBC