Samsung’s foldable phone set for launch after delay

The Samsung Galaxy Fold phone is shown on a screen at Samsung Electronics’ Unpacked event in San Francisco, California, US, in February Image: STEPHEN NELLIS/REUTERS

Tech giant Samsung will launch its hotly anticipated first foldable smartphone on Friday, months after faulty screens forced an embarrassing delay of its release.

The world’s largest smartphone maker spent nearly eight years developing the Galaxy Fold, but had to hold its launch in April after reviewers reported screen problems within days of use.

It was a major setback for the firm, which was hoping to spark demand for its high-end phones with the launch of the $2,000 (about R29,600) device, with profits plunging in recent quarters in the face of a weakened market and strong competition from Chinese rivals.

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