Samsung will not debut its Galaxy Fold smartphone in the U.S. on Friday, as originally planned. The decision came after tech reviewers reported screen malfunctions on their test phones.

"While many reviewers shared with us the vast potential they see, some also showed us how the device needs further improvements that could ensure the best possible user experience,” Samsung said in a statement. “To fully evaluate this feedback and run further internal tests, we have decided to delay the release of the Galaxy Fold.”

Mark Spoonauer, the editor in chief at Tom's Guide and Laptop Mag, has been testing out the Galaxy Fold over the last week and admitted that Samsung botched the rollout.

“When you’re trying to launch an entire new product category, you got to make sure you get it right,” Spoonauer told Cheddar Business. “It’s possible that this is just premature.”

Nonetheless, Spoonauer praised features like the 7.3-inch tablet view. Samsung has spent eight years developing the nearly $2,000 phone.

“I think what’s happening is that there is a quality control issue with this phone,” Spoonauer said. “There’s a difference between saying that a phone is gonna fold and fold again 200,000 times in a lab and getting it into people’s hands. I think that’s what Samsung is finding out right now.”

Despite the setback, Spoonauer believes that the world’s biggest phone maker won’t run into much financial trouble because of the failed rollout.

“I think this is more of a reputation hit than a revenue hit,” Spoonauer said. “Despite the fact that it’s a $2,000 phone and the profit margins would’ve been high, they did say this was gonna be a limited production run so I don’t think the bottom line necessarily gonna hurt right away.”

Samsung is now offering refunds to people who pre-ordered the device, allowing them to cancel at any time before their Galaxy Fold ships.

“I think that you should try to get your money back... I’m not sure I’m willing to take that sort of risk,” Spoonauer advised. “I would wait to get the results of these inspections to see what’s gonna happen with the phone before you dive head first.”

Samsung did not give a clear timeline on the Galaxy Fold but The Wall Street Journal reported earlier Friday that the phone won’t be released until next month at the earliest.

“Everyone that has a foldable phone that’s coming to market, they should go back to the drawing board right now and make sure that they have the right quality checks in place,” Spoonauer added. “You can’t make a second impression.”

Share:
More In Business
Rare Dom Pérignon champagne from Charles and Diana’s wedding fails to sell during Denmark auction
A rare magnum of Dom Pérignon Vintage 1961 champagne that was specially produced for the 1981 wedding of Prince Charles and Lady Diana has failed to sell during an auction. Danish auction house Bruun Rasmussen handled the bidding Thursday. The auction's house website lists the bottle as not sold. It was expected to fetch up to around $93,000. It is one of 12 bottles made to celebrate the royal wedding. Little was revealed about the seller. The auction house says the bids did not receive the desired minimum price.
New York Times, after Trump post, says it won’t be deterred from writing about his health
The New York Times and President Donald Trump are fighting again. The news outlet said Wednesday it won't be deterred by Trump's “false and inflammatory language” from writing about the 79-year-old president's health. The Times has done a handful of stories on that topic recently, including an opinion column that said Trump is “starting to give President Joe Biden vibes.” In a Truth Social post, Trump said it might be treasonous for outlets like the Times to do “FAKE” reports about his health and "we should do something about it.” The Republican president already has a pending lawsuit against the newspaper for its past reports on his finances.
OpenAI names Slack CEO Dresser as first chief of revenue
OpenAI has appointed Slack CEO Denise Dresser as its first chief of revenue. Dresser will oversee global revenue strategy and help businesses integrate AI into daily operations. OpenAI CEO Sam Altman recently emphasized improving ChatGPT, which now has over 800 million weekly users. Despite its success, OpenAI faces competition from companies like Google and concerns about profitability. The company earns money from premium ChatGPT subscriptions but hasn't ventured into advertising. Altman had recently announced delays in developing new products like AI agents and a personal assistant.
Trump approves sale of more advanced Nvidia computer chips used in AI to China
President Donald Trump says he will allow Nvidia to sell its H200 computer chip used in the development of artificial intelligence to “approved customers” in China. Trump said Monday on his social media site that he had informed China’s leader Xi Jinping and “President Xi responded positively!” There had been concerns about allowing advanced computer chips into China as it could help them to compete against the U.S. in building out AI capabilities. But there has also been a desire to develop the AI ecosystem with American companies such as chipmaker Nvidia.
Load More