Samsung Electronics on Aug. 11 announced the global availability of its highly anticipated Galaxy Z Flip 5, Galaxy Z Fold 5, Galaxy Watch 6 series and Galaxy Tab S9 series.
“Early users’ response to the new Galaxy devices has been demonstrated by pre-order momentum,” said Roh Tae-moon, president and Head of Mobile Experience Business at Samsung Electronics.
“With the Galaxy Z Flip 5, Z Fold 5, Watch 6 series and Tab S9 series, our goal is to provide the latest and greatest in each category and providing our consumers with novel and engaging experiences that cater to various lifestyles. It is thrilling to see our vision resonating with consumers around the world.”
The Galaxy Z Flip 5 and Galaxy Z Fold 5 are the fifth generation of Samsung’s revolutionary foldable devices, delivering unique experiences through perfected designs and form factors, including the new Flex Hinge.
The innovative devices have seen strong demand across the globe, with record-breaking pre-order numbers in markets such as Latin America, Southeast Asia and Europe, with 65 percent of consumers opting for the iconic Galaxy Z Flip5.
Offering in-depth sleep analysis, personalized fitness insights and comprehensive wellness features in addition to powerful performance and larger displays that inspire better health and well-being, the Galaxy Watch 6 and Galaxy Watch 6 Classic have been welcomed around the world, with equally high demand for both products.
The Galaxy Z Flip 5 is offered in colors inspired by nature: Mint, Graphite, Cream and Lavender, with new accessories including a Slim S Pen Case 2 that offers both practicality and style.
There is also a range of accessories, including a Clear Gadget Case and Flipsuit Case.
The Galaxy Z Fold 5 will be available in a selection of sophisticated colors: Icy Blue, Phantom Black and Cream.
Samsung Electronics is offering diverse benefits to consumers who buy Galaxy Z Flip 5, Fold 5, Galaxy Watch 6 series and Galaxy Tap S9 series from the official launch day until Sept. 30.
During the period, Galaxy Z Flip 5 and Fold 5 buyers are allowed to choose a one-year guarantee on “Samsung Care Plus” damages or a 100,000 won coupon in use at its event mall.
Samsung Electronics, Having Secured 3 Trillion Won in Cash, is Ready for ‘Unmatched Tech Betting’
Samsung Electronics has secured about 3 trillion won by selling its stake in the Danish semiconductor equipment maker ASML.
The move may be construed as Samsung Electronics’ steps to invest the money into the semiconductor sector.
According to Samsung Electronics’ report for the first half of this year, the company saw stock holdings in ASML decline from 6,297,787 shares in the first quarter of the year to 2.75072 shares as of the end of the second quarter, it said on Aug. 15.
Samsung Electronics saw its ownership percentage drop from 1.6 percent to 0.7 percent, and stake value plunge from 5,597.1 billion won to 2,061 billion won.
Samsung Electronics seems to have secured about 3 trillion won through the disposal of part of its stake in ASML.
In 2012, Samsung Electronics acquired a 3.0 percent stake in ASML to cooperate in the development of next-generation exposure machines.
The company retrieved about 600 billion won in investments by disposing half its stake in ASML in 2016.
Both companies have maintained relationships for collaboration over the exposure machine sector.
Apart from its stake in ASML, Samsung Electronics disposed of a 0.1 percent stake in the Chinese EV maker BYD or 2.38 million shares worth 115.2 billion won and a 4.4 percent stake in SFA Engineering Corp., a Korean equipment maker, or 1.544,000 shares worth 67.6 billion won.
Samsung Electronics’ disposal of stock holdings may be interpreted as the company’s move to secure investment money to make preparations for a future rebound of the semiconductor business.
Samsung Electronics plans to make investments in the memory chip and foundry lines in Pyeongtaek, Gyeonggi-do, packaging lines in Cheonan, Chungcheongnam-do, and a foundry plant in Taylor, TX, in the second half of this year.
Samsung Electronics has adopted “unmatched strategies” designed to make massive investments even in the past’s sagging moments of the semiconductor sector.
Samsung Electronics suffered a setback of 8.94 trillion won in operating loss in the semiconductor business in the first half of this year, but the company had channeled a combined 25.3 trillion won in facility investments.