Samsung plans to release its first trifold smartphone later this year to compete with Huawei in the foldable technology market.
The trifold will join Samsung's lineup that already includes three foldable smartphones, unveiled at the recent Unpacked event in New York.
Huawei introduced the world's first trifold smartphone in September, setting the stage for Samsung's upcoming entry into this innovative technology segment.
Apple is also anticipated to enter the foldables market next year, following Samsung's and Huawei's initiatives.