*By Madison Alworth*
Samsung revealed this week that, by the end of 2018, the company will unveil its first flexible and foldable smartphone screen. [But this is a promise Samsung Mobile CEO DJ Koh has been making for years, and many are skeptical that he'll actually deliver, said lead mobile analyst at PC Mag Sascha Segan. ](https://www.pcmag.com/news/363518/samsung-mobile-chief-says-foldable-phone-coming-this-year)
"He was talking about this a year and a half ago. I feel like this is DJ Koh's white whale," [Segan said Tuesday in an interview on Cheddar. ](https://www.pcmag.com/article2/0,2817,2367064,00.asp)
But Segan, despite his doubts, still understands why the mobile giant is pursuing the strategy so aggressively.
"This is the transformation in a phone's form factor that finally makes Samsung products different and more innovative than every other black slab on the market," he said.
Cell phone distributors are looking for compelling reasons to get consumers in the door. It has been a dull year for cell phone sales as replacement cycles get longer and consumers continue to hold out for 5G. Samsung has felt the slide. Sales in Q2 were down 4 percent from a year ago, and Samsung cited ["softer sales of smartphones"](https://news.samsung.com/global/samsung-electronics-announces-second-quarter-2018-results) as a major cause of the slump.
[Samsung is hoping foldable displays are the solution to its sales problem.](https://www.pcmag.com/article2/0,2817,2483688,00.asp) After all, they do seem to fit consumer demands, Segan said.
"They want bigger screens but not bigger phones, because their hands aren't getting any bigger," he said.
If Samsung is able to succeed in its efforts, it could get a leg up on competition.
"If they can perfect foldable screens first, that makes it clear that everyone else is going to need to go to Samsung when they want the best displays," Segan said.
For full interview [click here](https://cheddar.com/videos/samsung-shocks-with-big-news).
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
The Federal Aviation Administration says flights departing for Los Angeles International Airport were halted briefly due to a staffing shortage at a Southern California air traffic facility. The FAA issued a temporary ground stop at one of the world’s busiest airports on Sunday morning soon after U.S. Transportation Secretary Sean Duffy predicted that travelers would see more flights delayed as the nation’s air traffic controllers work without pay during the federal government shutdown. The hold on planes taking off for LAX lasted an hour and 45 minutes and didn't appear to cause continued problems. The FAA said staffing shortages also delayed planes headed to Washington, Chicago and Newark, New Jersey on Sunday.
Boeing workers at three Midwest plants where military aircraft and weapons are developed have voted to reject the company’s latest contract offer and to continue a strike that started almost three months ago. The strike by about 3,200 machinists at the plants in the Missouri cities of St. Louis and St. Charles, and in Mascoutah, Illinois, is smaller in scale than a walkout last year by 33,000 Boeing workers who assemble commercial jetliners. The president of the International Association of Machinists says Sunday's outcome shows Boeing hasn't adequately addressed wages and retirement benefits. Boeing says Sunday's vote was close with 51% of union members opposing the revised offer.
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
