It has been rumored several times over the past few weeks that Samsung could launch its next-generation foldable phones earlier than expected. Usually, it launches new Galaxy Z series phones in the month of August every year. However, this year, the company is planning to unveil new foldable phones in July.
Galaxy Z Flip 5 and Z Fold 5 launch date and place
According to a new report from Chosun Media, Samsung has decided to hold the Galaxy Unpacked event to announce the Galaxy Z Flip 5 and the Galaxy Z Fold 5 on July 26, 2023. This is two weeks earlier than Samsung's usual announcement time frame for foldable phones. Moreover, unlike previous Galaxy Unpacked events that happened in Barcelona, Spain, or New York/San Francisco, USA, the Galaxy Z Flip 5 and Galaxy Z Fold 5 launch event will take place in Seoul, South Korea.
The Galaxy Z Flip 5 and the Galaxy Z Fold 5 could go on sale on August 11, 2023. This early launch is taken due to sluggish sales of semiconductor chips that have affected Samsung's profits by a huge margin. So, to counter lower chip sales, Samsung is trying to launch its next-generation foldable phones earlier to make Q3 2023 revenue more bearable.
Samsung is bringing a major change to the structural design of the Galaxy Z Flip 5 and the Galaxy Z Fold 5. Both phones will use a new waterdrop-shaped hinge that makes the screen crease less visible and allow the phone to fold without any gap. Both phones will retain the IPX7 water resistance rating and come equipped with the Snapdragon 8 Gen 2 For Galaxy processor.
