Advertisement
UK markets close in 14 minutes
  • FTSE 100

    8,067.13
    +26.75 (+0.33%)
     
  • FTSE 250

    19,588.13
    -131.24 (-0.67%)
     
  • AIM

    752.78
    -1.91 (-0.25%)
     
  • GBP/EUR

    1.1649
    +0.0004 (+0.04%)
     
  • GBP/USD

    1.2484
    +0.0022 (+0.17%)
     
  • Bitcoin GBP

    50,850.91
    -1,207.85 (-2.32%)
     
  • CMC Crypto 200

    1,371.23
    -11.34 (-0.82%)
     
  • S&P 500

    5,003.73
    -67.90 (-1.34%)
     
  • DOW

    37,810.37
    -650.55 (-1.69%)
     
  • CRUDE OIL

    82.37
    -0.44 (-0.53%)
     
  • GOLD FUTURES

    2,346.30
    +7.90 (+0.34%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,899.45
    -189.25 (-1.05%)
     
  • CAC 40

    8,017.97
    -73.89 (-0.91%)
     

Samsung Plans to Use Galaxy Z Name on All Future Foldable Phones

(Bloomberg) -- Follow Bloomberg on Telegram for all the investment news and analysis you need.

The Galaxy Z Flip isn’t Samsung Electronics Co.’s first foldable device, but it’s the first to carry the Z designation, which the company is dedicating exclusively to foldables.

Announced at an event in San Francisco on Feb. 11, the Z Flip is going on sale on Valentine’s Day at a price of $1,380. It’s shaping up to be the most refined and complete foldable phone to date, and though its price remains high, it is actually the most affordable foldable from a big-name manufacturer. In the space of a few months, Samsung has shrunk both the size and price of the $1,980 Galaxy Fold into a compact square device, and it’s decided the foldable category has earned a distinct division in its phone portfolio.

“With the Z Series, we are adopting a new naming convention for our foldable portfolio that shows our commitment to expanding the category to offer a variety of experiences,” a Samsung spokesperson told Bloomberg News in Seoul. “We chose ‘Z’ for this series because it intuitively communicates the idea of a fold while delivering a dynamic, youthful feel.”

ADVERTISEMENT

Galaxy V would have been even more evocative of the Z Flip’s profile, but alas, Samsung already used that letter on a forgettable phone back in 2014.

Read more: Samsung Bets on Big Camera Upgrade in Galaxy S20, Unveils Z Flip

--With assistance from Mark Gurman.

To contact the reporter on this story: Sohee Kim in Seoul at skim847@bloomberg.net

To contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Vlad Savov

For more articles like this, please visit us at bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

©2020 Bloomberg L.P.