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
FAA Launches Plan to Reduce Congestion at NYC Area Airports
The Federal Aviation Administration (FAA) is launching a new plan to avoid flight delays in New York City and Washington, D.C. this summer. The plan will lower requirements for airlines to obtain take off and landing rights to help avoid congestion.
Lindsay Lohan, Jake Paul Among Slew of Celebrities to Settle With SEC in Crypto Case
Actress Lindsay Lohan appears at the Christian Siriano Fall/Winter 2023 fashion show in New York, Feb. 9, 2023. The Securities and Exchange Commission said Wednesday, March 22, that Lohan, rapper Akon and several other celebrities have agreed to pay tens of thousands of dollars to settle claims that they promoted crypto investments to their millions of social media followers without disclosing they were being paid to do so.
The Day Ahead: TikTok CEO on Capitol Hill, More Earnings
Cheddar News breaks down what to look for on The Day Ahead, as TikTok CEO is scheduled to testify before Congress on Thursday while earnings from General Mills and Darden Restaurants are on tap. Residential sales data for February is also scheduled to be released.
Jack Daniels Trademark Lawsuit Against Dog Toy Company Heads to Supreme Court
Jack Daniels was at the U.S. Supreme Court today. The whiskey-makers argued that a dog toy company violated federal trademark law with a product that parodies the distiller's iconic bottle. The toy is the Bad Spaniels Silly Squeaker toy by VIP products. The first amendment case pits the rights of a famous trademark holder against parody products. Jack Daniel says the toy damages its reputation, especially the references to dog poop.
White Claw Announces Branded Vodka
Alcohol brand White Claw is moving into spirits amid an industrywide shift away from hard seltzers. The spiked seltzer brand announced a new line of regular and flavored White Claw premium vodkas. The bottles are available in select markets across North America and come in an unflavored option as well as pineapple mango and black cherry white Claw has dominated the Heart Seltzer market for years. Now bringing the category into the mainstream as more consumers sought those low calorie alcohol drinks.
Load More