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Samsung Cancels ‘Galaxy Fold’ Launch Events, Pushes Back Release Date

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Via Zerohedge

Update: Apparently, Samsung has taken the complaints of “Galaxy Fold” reviewers to heart.

The company has reportedly delayed the planned April 26 launch for the ‘Galaxy Fold’, Dow Jones reports, citing unidentified sources close to the company.

  • Samsung Delays April 26 Release of Galaxy Fold Phone: DJ

WSJ reported that the phone is expected to launch in May “at the earliest”.

* * *

Though Samsung tried to brush it off as a miscommunication on its packaging, reports from a handful of reviewers that the handset maker’s $2,000 “foldable” smartphone, the “Galaxy Fold”, broke within days of activation have clearly shaken the smartphone maker, which is still reeling from its botched 2016 rollout of the “Galaxy 7”.

As a result, the company has cancelled its launch events which had been set for this week in Hong Kong and Shanghai. Samsung didn’t give a reason for postponing the events, according to FT.

Fold

Samsung unveiled its ‘iPhone Killer’ back in February, hoping to establish itself as a pioneer in the advent of smartphones that ‘fold’ out into tablets. The product has been widely anticipated, and the company had hoped it would reignite its weakening smartphone sales.

Some reviewers reported a blank screen, nail marks that never disappeared and strange bulges that appeared to be caused by a broken hinge. The company warned that some of these malfunctions appeared to have been caused by the removal of a top layer screen protector that was intended to be a permanent part of the phone.

The warnings have weighed on Samsung’s stock, which has fallen roughly 5% over the past week.

The company absorbed billions of dollars in losses back in 2016 after it abandoned production of the “Galaxy 7” after reports that some phones’ batteries had spontaneously combusted irreparably damaged the brand.

Most of the reviewers who complained about the malfunctioning Galaxy Fold urged Samsung to delay the launch, planned for this week, to make sure any glitches with the hardware had been worked out.

The company appears to have taken that advice to heart.





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