8/10, 5:49 PM (Source: TeleTrader)
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Samsung launches Galaxy Z Flip 4, Fold 4 models

Samsung Electronics Co. launched on Wednesday its latest model of the Galaxy Z Flip 4 smartphone alongside the Galaxy Z Fold 4, the company said in a statement.

The Galaxy Z Fold 4, which turns into the size of a small tablet when unfolded, will cost about $1,800. Meanwhile, the more compact Galaxy Z Flip 4 will cost about $1,000. The phones are priced similarly to last year's versions and will be available in the US later this month. The launch of the new products comes amid growing concern in the semiconductor industry over geopolitical tensions and rising inflation.

"I am proud of our progress to date. At the same time, it's been a humbling experience that enables us to continue on our journey towards achieving our sustainability vision with even more conviction and rigor than before," said TM Roh, President and Head of Mobile eXperience Business at Samsung Electronics.

Baha Breaking News (BBN) / JG