*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).

Share:
More In Business
Elizabeth Holmes Delays Going to Prison With Another Appeal
Disgraced Theranos CEO Elizabeth Holmes has avoided starting her more than 11-year prison sentence on Thursday by deploying the same legal maneuver that enabled her co-conspirator in a blood-testing hoax to remain free for an additional month.
Stretching Your Dollar: Benefits of Cash as an Asset Class
When people think of asset classes, most think of stocks and bonds. Mark Hamrick, senior economic analyst with Bankrate.com, joined Cheddar News to discuss why the current economy is making the cash savings account a more worthwhile investment than it's been in previous years.
Make or Break Week as Strong Tech Results Lift Stocks
Christine Short, vice president of research with Wall Street Horizon, joined Cheddar News to discuss Wednesday's trading session as positive earnings from some tech companies lifted stocks. "This is the safe haven for investors, the barometer of global growth depending on the company we're talking about," she said.
Load More