Samsung Group is not holding back! The company, once again, has become the largest smartphone vendor in the world. The South Korean smartphone maker took over Apple, who was the uncrowned king of the industry.
Samsung miserably failed during and after the launch of its Samsung Galaxy S5 model last year. This resulted in Apple and other companies overtaking the market share of Samsung. However, the company made a good comeback with Samsung Galaxy S6 and Samsung Galaxy S6 Edge model. It further plans to launch an Iron Man limited edition for its Edge version.
The latest Samsung update stated that the company is all set to work on a foldable dual screen smartphone. Samsung vendor has already gained immense traction with its flagship devices. Now, the company’s new project, which is a different and new device, is code named as ‘Valley’. According to the details that have been disclosed so far suggests that the Project Valley is in the infancy stages of development but the company’s plans are quite ambitious.
However, it is still not confirmed whether it is a prototype on which the company wishes to continue development till the final good product or terminate it at any time. It is believed that Samsung foldable phone with two display screens is expected to launch by the end of this year.
Many rumors have now gathered pace as Samsung has unveiled few prototypes regarding this smartphone. Moreover, it has also emerged in videos as well as dummies so far.
Market sources stated, “The device which Samsung is eyeing to launch is expected to support multiple gestures for switching between its two screens, and the fact that it is codenamed Project V/Valley suggest it could be a foldable device (the letter V is similar in shape to what a valley would look like, and it wouldn’t be too far-fetched to think the phone could feature two sides that fold together).”
Samsung was interested in working on a foldable device, but there were speculations before this year that it would release them by 2016. If the rumors about the company releasing these devices this year are true, then it will have to be very hard on work to be able to complete it.
As it has now reclaimed its number one position in the industry, the corporate giant wants to maintain the same momentum and sustain its market status over a long term.
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