Companies

Samsung Gears Up for Next-Gen Foldables Amid Growing Competition

Published November 20, 2023

As the holiday season approaches, the foldable phone market is showing signs of increased activity. Among the contenders, Samsung Electronics Co. Ltd. SSNLF, hailed as the original foldable device innovator, is standing its ground with renewed vigor. Recent document discoveries have uncovered that the tech giant has successfully secured two critical trademarks, hinting at its strategic moves to maintain dominance in the foldable smartphone sector.

The Evolution of Foldable Smartphones

Foldable phones have transformed dramatically since their inception, with Samsung leading the charge as a pioneer in this innovative technology. The company's latest patent filings indicate that Samsung is doubling down on its foldable lineup, readying itself to introduce the next generation of devices that could reshape the mobile landscape once again. Even as other players like Alphabet Inc. GOOG, the parent company of Google, drive forward in the tech market, Samsung's recent advances signal its intention to retain a significant share of the foldable niche.

Alphabet Inc.: A Force in Technology

With its headquarters in Mountain View, California, Alphabet Inc. has evolved into a global powerhouse through the restructuring of Google. As of October 2, 2015, Alphabet has become the umbrella entity for Google and its array of subsidiaries, with Google's co-founders maintaining their influence as shareholders, board members, and active contributors to the conglomerate's success. Alphabet stands as the fourth-largest technology enterprise by revenue and retains a position as one of the most valuable entities worldwide, fostering a competitive environment for innovation across various sectors, including communications technology.

Samsung, Foldables, Trademarks