
Samsung Cares About Competing Again. Tri-Fold Phone Coming by End of Year
See Galaxy Z Fold 7 at Samsung.com
See Galaxy Z Flip 7 at Samsung.com
Speaking to the Korea Times, Roh-Tae-moon aka TM Roh, Samsung's acting head of its Device Experience Division, said the company is 'working hard on a tri-fold smartphone with the goal of launching it at the end of the year.' There's no name for the tri-fold—rumors claim it'll be called the Galaxy Fold G—but it's nearly finished, said Roh. 'We are now focusing on perfecting the product and its usability, but we have not decided its name.'
Android Authority shared the below video and several images and animations, mined from the latest version of Samsung's One UI 8 software, showing off what it believes is Samsung's tri-fold phone.
I'll have a review for the Galaxy Z Fold 7 on Gizmodo this week, but it's safe to say that Samsung has finally created the book-style foldable it set out to make in 2019. The Z Fold 7 is basically as thin and light as a Galaxy S25 Ultra and has the top-notch performance and cameras you'd expect from a flagship phone—features you can't cheap out on when you're asking $2,000 for the device. With the Z Fold now virtually perfect, it's the right time for Samsung to look at even bolder phone form factors.
A tri-fold phone with two folds instead of one, which allows for an even larger tablet-sized screen when unfolded, would be a first for Samsung and play catch up to Huawei's Mate XT Ultimate. Like all of Huawei's phones, the Mate XT Ultimate is not available in the U.S. because of Chinese restrictions, which is a problem that Samsung wouldn't have. While tri-fold phones are eye-catching and would put Samsung back at the top as a tech innovator, the company's first such device will almost certainly cost even more than the Z Fold 7. Huawei's Mate XT Ultimate carries a 3,499 euros starting price (roughly $4,000 at today's exchange rate). That's not surprising since you're getting a phone that functions as a regular glass slab when folded up, a tablet when one fold is unfolded, and then a really big tablet (or laptop-sized screen) when fully unfurled.
Releasing a tri-fold phone won't be without its own challenges. More folds gets you the biggest screen you can fold up into your pocket, but it also requires bigger and heavier batteries and thickness balloons with all the folds. Durability might be a concern, too—there's more display area to get damaged, especially on the sides where the creases fold over. Still, it's good to see Samsung hasn't lost all of its fight after giving in and making all of its bar-style phones essentially look like iPhone bricks. I'd love to see Samsung come back and wallop its competitors instead of phoning things in year in and year out.
See Galaxy Z Fold 7 at Samsung.com
See Galaxy Z Flip 7 at Samsung.com
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 minutes ago
- Yahoo
ATEC Partners with FPT for First Global Collaboration, Driving Innovation in Japan's Automotive Industry
TOKYO, July 29, 2025--(BUSINESS WIRE)--Global IT services and technology company FPT and ATEC, a Japanese automotive software development firm with over 36 years of expertise, have signed a Memorandum of Understanding to establish a strategic partnership aimed at accelerating innovation in the automotive sector and advancing safer, smarter, and more connected mobility. Through this collaboration, FPT and ATEC will co-develop next-generation automotive software solutions and contribute to the sustainable growth of Japan's automotive technology ecosystem. The collaboration aims to address critical industry challenges, including the rising demand for software development and the shortage of senior-level talent in embedded systems and the automotive sector. By combining both sides' technology capabilities, development frameworks, and skilled workforce, FPT and ATEC are positioned to deliver comprehensive, high-quality solutions to the market, with a particular focus on expanding AUTOSAR and Software-Defined Vehicle services for leading Japanese automotive manufacturers. As part of the partnership, FPT and ATEC will launch a new Offshore Development Center in Ho Chi Minh City, with a plan for further expansion in the future. This marks ATEC's first international collaboration, driven by the need to address growing resource shortages and scale its development capacity. The partnership also offers FPT valuable access to ATEC's customer ecosystem, reinforcing its presence and competitiveness in Japan's dynamic automotive industry. "Automotive stands as a critical industry in Japan, with increasing AI-driven automotive systems. By combining FPT's global expertise in automotive technology and our AI-enabled solutions with ATEC's deep domain knowledge, we are confident that this partnership can open up exciting opportunities for both sides in Japan's dynamic automotive sector," said Do Van Khac, FPT Software SEVP and FPT Japan CEO, FPT Corporation. With more than two decades of experience in the automotive industry, FPT has established itself as a trusted technology partner to global OEMs and Tier-1 suppliers. In 2023, the company launched a dedicated automotive subsidiary to address the growing global demand for software-defined vehicles. FPT's strong presence in Japan is expected to significantly contribute to the success of this collaboration. As one of the largest foreign-invested technology enterprises in the country, FPT has over 4,500 employees across 17 offices and innovation hubs in Japan, supported by a network of 15,000 offshore professionals serving 450 clients worldwide. In 2024, FPT achieved over USD 500 million in revenue from the Japanese market. Building on this momentum, the company aims to reach USD 1 billion in revenue and rank among Japan's Top 15 IT services providers by 2027. About ATEC ATEC is an engineering company established in 1988 with the vision of creating a company for engineers, boasting advanced expertise in the fields of software, electronics/electrical, and mechanical design and development. In the automotive industry, ATEC has contributed to the development of advanced technologies for numerous automakers and suppliers. In the field of in-vehicle software development, ATEC has been certified as an "Engineering Partner" by Vector Informatik (Germany), and provides high-quality services tailored to diverse customer needs, such as configuration of AUTOSAR-compliant basic software, software component design, AUTOSAR adaptation of existing code, and implementation consulting. About FPT FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam's position on the global tech map and delivering world-class AI-enabled solutions for global enterprises, the Corporation focuses on three critical transformations: Digital Transformation, Intelligence Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit View source version on Contacts Media Contact Mai Duong (Ms.)FPT CorporationFPT Software PR Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10 minutes ago
- Yahoo
SDHG's Lead in Electricity-Computing Integration Helps Market Cap Hit HK$100 Billion
SDHG market cap hit HK$100 billion for the first time, as stock price surged 200+ percent in 2025 From 2021 to 2024, SDHG's total assets more than tripled, from RMB 21.43 billion to RMB 66.17 billion Dazzling success attributed to SDHG's two-pronged strategy of smart investing in new energy and computing power Electricity-Computing Integration model places SDHG in unique position to lead industry SDHG's outstanding ability to align key businesses with national policy priorities wins dedicated government support HONG KONG, July 29, 2025 (GLOBE NEWSWIRE) -- Shandong Hi-Speed Holdings Group Ltd. ( shares rose to HK$17.26 at closing on Monday, July 28, sending the market cap of the strongly growing company to HK$103.9 billion. SDHG market cap exceeded HK$100 billion for the first time on July 11. The fact that it has since remained steadily above the HK$100 billion mark indicates the market's unequivocal endorsement of SDHG as a leader in Electricity-Computing Integration and AI-ready infrastructure. SDHG's Lead in Electricity-Computing Integration Helps Market Cap Hit HK$100 Billion As global competition in AI innovation intensifies to a breakneck pace, the demand for computing power has skyrocketed, which led renewable energy and computing power to become critical battlegrounds for serious contenders in the field. SDHG, a pioneer strategic investor in Electricity-Computing Integration, is widely believed to lead the race. Pivot to AI infrastructure builderThe demand for both computing power and the electricity to run the data centers in China is forecast to see exponential growth in the coming years. In 2025, data center electricity consumption is expected to account for 5 percent of China's total electricity usage. The country's intelligent computing power is projected to reach 1,037.3 EFLOPS in 2025 and to surge to 2,781.9 EFLOPS in 2028. The highly centralized GPU clusters required for intelligent computing centers will have to consume more power. On the eve of AI innovation booms, SDHG has made a strategic transition from primarily making financial investments toward becoming an investment holding platform focused on emerging industries. It has since emerged as China's leading company owning premium assets in both renewable energy and computing power, creating a unique Electricity-Computing Integration model. In 2022, SDHG acquired Shandong Hi-Speed New Energy Group Ltd. (SHNE, and now owns 56.97 percent of the company's stakes. In 2023, SDHG made a strategic investment worth US$299 million in VNET Group Inc. (NASDAQ: VNET). SHNE owns clean energy projects in more than 20 provinces in China and has been actively exploring international markets. VNET started focusing on selling data center services to retail clients in China and has grown to serve hyperscale customers including Alibaba Cloud, Tencent Cloud, and Huawei Cloud. These and other smart investment moves have helped the company gain a strong foothold in traditional infrastructure as well as in new infrastructure. Alignment with national policy prioritiesSDHG has shown outstanding ability to align its key businesses with major national policy priorities, namely renewable energy and computing power. As a result, SDHG enjoys full policy dividends from such national projects as 'East Data, West Computing' and secures dedicated government support in energy-rich provinces, especially support for its Electricity-Computing Integration model. Partnering with local governments and companies, SDHG has been able to achieve great success in experimenting with innovative business models that hand the company a unique advantage in both Chinese and international markets. The Ulanqab Source-Grid-Load-Storage Integration Project in Inner Mongolia is one of SDHG's flagship projects and epitomizes the innovativeness of Electricity-Computing Integration. SDHG is building power generation and storage facilities (solar and wind) right next to AIDC and other computing power centers in grassland town Ulanqab. The model breaks down traditional power grid constraints by enabling direct electricity trading ("selling electricity across the wall"). It thus establishes an ecosystem of power generation, transmission, and consumption in the same physical space. This self-contained green ecosystem, with tremendous environmental and economic value, operates on the principles of: - Instant Utilization (power consumed immediately upon generation)- On-Demand Availability (guaranteed supply for computing facilities)- Market-Based Pricing (dynamic cost optimization)- Mutual Benefit (win-win for energy producers and computing operators) Upon completion, the SDHG Ulanqab project will generate approximately 860 million kWh of electricity annually, supplying a significant part of the power to run VNET's 150MW computing centers in Ulanqab. When the 1GW Ulanqab III is in full operation and powered by SDHG, an additional RMB 1.3 billion worth of economic benefits will be created for the company. The SDHG Ulanqab project with its pioneering Electricity-Computing Integration model is set to play a major role in AI's transformation of Chinese tech industry, the same way as Stargate and other mega projects contribute to the building of AI infrastructure in their respective countries. Reliable financing toolkitSDHG's solid background in licensed financial transactions and ability to leverage Hong Kong's status as an international financial center have also been crucial in its success in financing the new energy and computer power projects with a reliable world-class toolkit. In May 2024, SDHG issued US$900 million worth of perpetual bonds — the largest USD senior perpetual bond issuing by any Chinese issuer since 2021, which were subscribed by 280 institutional accounts across Asia, Europe, the Middle East and Africa. In March 2025, SDHG's portfolio company VNET Group Inc. completed a $430 million convertible preferred notes offering — the largest such issuance relative to market cap by a Chinese firm since early 2024 which secured foundational capital for its domestic expansion. Endowed with the above-mentioned advantages, SDHG has established itself as a market leader with proven operational excellence, attracting more and more major companies to become customers and partners. In May 2025, SDHG signed a strategic cooperation agreement with Chinese tech giant Huawei Technologies Co., Ltd. to build projects driven by "green computing power and clean energy", develop "zero-carbon smart parks", and collaborate in the field of intelligent transportation, including vehicle-road coordination and large-scale intelligent driving models. The capital market has also reacted to SDHG's new strategy and remarkable business performance enthusiastically. In June 2025, multiple brokerages issued initiating coverage reports with "Outperform" ratings for SDHG, including Soochow Securities (Hong Kong), Zhongtai Securities, Tebon Securities, and SXC Securities. 'Through smart strategic maneuvers, SDHG has managed to build a complete ecosystem in new energy and new infrastructure, greatly enhancing the company's core competitiveness,' the Zhongtai Securities report states. SDHG was incorporated as China New Financial Group Limited. The company was acquired by Shandong Hi-Speed Group in 2017 and adopted its current name in 2022. It was listed on the Hong Kong Stock Exchange in the same year and is now a constituent stock of the Hang Seng Composite Index. The company currently holds an Fitch 'A-' Issuer Default Rating (IDR) with an ESG Entity Rating of '2' (Sustainable Fitch). SHDG has been on a phenomenal growth trajectory in the last 4 years despite macroeconomic challenges in the world and in the region. From 2021 to 2024, its total assets more than tripled — expanding from RMB 21.43 billion to RMB 66.17 billion. Its stock price has soared over 200 percent in 2025, while annual revenues are forecast to grow to RMB 6.59 billion, RMB 6.77 billion, and RMB 7.37 billion for 2025, 2026, and 2027, respectively. Net profit attributable to parent company shareholders is expected to more than double in the period, from RMB 216 million in 2025 to RMB 555 million in 2027. 'We expect SDHG to keep its growth momentum in the coming years, benefiting from and contributing to national policy initiatives in new energy and computing power. In particular, SDHG's Electricity-Computing Integration model powering AIDC will cement the company's lead in the industry and help realize its full potential as a market innovator,' the Zhongtai Securities report concludes. Media ContactCompany Name: Shandong Hi-Speed Holdings GroupContact: Stanley ShiWebsite: stanleyshi@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Insider
24 minutes ago
- Business Insider
Tesla Signs $16.5B Chip Deal with Samsung
Tesla (TSLA) has signed a multiyear chip supply deal worth $16.5 billion with Samsung Electronics (SSNLF). The deal highlights Tesla's efforts to secure advanced chips as it boosts EV production and adds more AI and self-driving features. The deal could also be significant for South Korea, which is seeking to strengthen its ties with the U.S. in chipmaking and shipbuilding. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. $16.5B Chip Pact As part of the deal, Samsung's new chip plants in Texas will produce Tesla's next-gen AI6 chip. Tesla's CEO Elon Musk confirmed the deal in a post on X, stating that 'The strategic importance of this is hard to overstate.' Additionally, Samsung has agreed to let Tesla help improve manufacturing efficiency. Musk added that 'I'll personally walk the line to speed up progress.' For Samsung, the deal comes at a time when the company is under growing pressure to catch up in the AI chip race. It currently lags behind competitors like TSMC (TSM) and SK Hynix in the global foundry market. This gap has taken a toll on both its profits and stock performance. Following the news, Samsung's Korean-listed shares gained almost 6% as of writing. For context, foundry services involve manufacturing chips for companies like Nvidia (NVDA), Qualcomm (QCOM), and Apple (AAPL), which design their chips but rely on external factories for production. Is Tesla Stock a Buy Now? On Wall Street, analysts have maintained a neutral stance on Tesla stock. According to TipRanks, TSLA stock has received a Hold consensus rating, with 14 Buys, 15 Holds, and seven Sells assigned in the last three months. The average Tesla stock price target is $313.67, which is almost similar to the current level.