/ Sep 30, 2026
/ Sep 30, 2026

Samsung reveals premium foldable smartphones as AI costs push up prices

Published on

By

Samsung has launched a new generation of premium foldable smartphones with higher price tags, citing rising artificial intelligence-driven component costs as it seeks to maintain its lead in the fast-growing foldable device market.

 

The South Korean technology giant unveiled the devices in London on Wednesday, introducing the Galaxy Z Fold8, Galaxy Z Fold8 Ultra, and Galaxy Z Flip8, according to Channels Television, which cited AFP.

Leading the line-up is the Galaxy Z Fold8, which unfolds into a 7.6-inch display with a 4:3 aspect ratio designed for video viewing. At just 4.5mm thick when opened, the device starts at $1,900.

Samsung also introduced the Galaxy Z Fold8 Ultra, its flagship foldable model, priced from $2,100. The device measures only 4.1mm thick and weighs 215 grammes, making it one of the company’s slimmest foldables to date.

For users seeking a more compact option, the Galaxy Z Flip8 starts at $1,200 and is aimed at consumers who prioritise portability and social media use.

Samsung’s mobile division head, TM Roh, said the company was once again pushing the boundaries of premium mobile technology.

“By setting a new standard for foldables, we are once again advancing the premium mobile experience,” Roh said.

Industry analysts said the launch reinforces Samsung’s leadership in the foldable smartphone segment, a market it pioneered in 2019.

PP Foresight analyst Paolo Pescatore described the Galaxy Z Fold8 as the standout product of the launch, saying it demonstrates Samsung’s determination to expand the foldable market with devices tailored to different users.

Attention is also turning to Apple, which is widely expected to reveal its first foldable iPhone during its September product event.

Samsung said the higher prices reflect increasing costs of memory chips, which have surged because of growing demand for artificial intelligence technologies. Apple recently cited similar cost pressures when raising prices for some Mac and iPad models.

IDC analyst Francisco Jeronimo said Apple is expected to help bring foldable smartphones into the mainstream, increasing pressure on Samsung to continue innovating.

The new devices underline intensifying competition in the premium smartphone market as manufacturers invest heavily in AI-powered hardware and software capabilities.

You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Must Read

Eid-el-Kabir: FG Declares May 27 and 28 public holidays

FG declares October 1 public holiday for Nigeria’s 66th anniversary

The Federal Government has declared Thursday, October 1, 2026, a public holiday to commemorate Nigeria’s 66th Independence Anniversary.   The Minister of Interior, Olubunmi Tunji-Ojo, announced the declaration on Wednesday on behalf of the Federal Government in a statement signed by the ministry’s Permanent Secretary, Magdalene Ajani. The minister congratulated Nigerians at home and abroad, urging citizens to use the occasion to promote unity, patriotism, peaceful coexistence and mutual respect. Tunji-Ojo also called on Nigerians to emulate the country’s founding fathers by demonstrating love for Nigeria and contributing to the development of a nation that future generations can be proud of. “As we celebrate 66 years of our independence, we should always remember that there is hope for our country and our diversity is our strength,” the minister said. He added that collective determination remained the foundation for building a stronger and more prosperous Nigeria. The 2026 Independence Anniversary is being celebrated under the theme, “From Reforms to Stability: Consolidating Nigeria’s Renewed Hope for Shared Prosperity.” According to the Federal Government, the theme reflects its focus on consolidating ongoing reforms and translating their gains into greater opportunities and improved living conditions for Nigerians. The government also reaffirmed its commitment to strengthening national security, improving public safety and creating an environment where citizens can live and work with confidence. Tinubu to Address Nigerians President Bola Tinubu is expected to deliver a nationwide broadcast on Thursday as part of activities marking the 66th Independence Anniversary. The President returned to Lagos on Tuesday after concluding his working vacation in Europe and is expected to spend the Independence celebrations in the state. He is also expected to attend the premiere of a documentary on the late businessman and politician, Moshood Kashimawo Olawale Abiola, at the Wole Soyinka National Theatre in Lagos. According to the Presidency, Tinubu is further expected to hold political meetings in Lagos as preparations for the 2027 general elections continue. Nigeria at 66 Nigeria gained independence from British colonial rule on October 1, 1960, with Sir Abubakar Tafawa Balewa becoming the country’s first Prime Minister. The country became a republic in 1963, with Nnamdi Azikiwe serving as its first President. Nigeria later experienced periods of military rule and the Civil War before returning to constitutional democracy in 1999. The 2026 anniversary marks 66 years since independence and 27 years of uninterrupted constitutional democracy.
Read more

Editor's Pick

Trending News

Newsletter

Enter your email address and receive notifications of news by email.

You have been successfully Subscribed! Ops! Something went wrong, please try again.

© 2026 GongNews. All Rights Reserved.