Samsung has ended mobile telephone production in China hurt by competition from domestic rivals in the world’s biggest smartphone market.The shutdown of last China phone factory comes after it cut production in the last two factories.
Samsung is reportedly building a smaller and more affordable version of the Galaxy Fold. The launch could be canceled if the Galaxy Fold doesn’t sell well. The Galaxy Fold is now set to launch in September.
Gartner released their quarterly report on global smartphones which says that among the top five phone vendors, Huawei sales increased by 16.5% while Samsung added 3.8%, winning an overall 20,4% of market share.
Samsung has announced that it will be launching the previously suspended Galaxy Fold smartphone in September 2019. Postponed from its earlier April launch, major adjustments have now been made, increasing its durability.