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Samsung Slashes Prices In Bid To Boost Foldable Phone Sales

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Samsung is hoping cheaper but more durable versions of its foldable phones will broaden the appeal of a high-concept design that’s so far fizzled with consumers.

The electronics giant on Wednesday launched its effort to turn things around with two new products designed to function as both a phone and, when unfolded outward on a hinge, a tablet.

The larger Galaxy Fold3 boasts a 7.6-inch display when unfolded and will sell for $1,800, a 10% drop from last year’s model. The other device, the Galaxy Flip3, looks more like a flip phone, but can still be opened from its clamshell position into a 6.7-inch display. It will sell for $1,000, more than 25% below the price for last year’s original model.

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Besides the new phones, Samsung also unveiled its first smartwatches powered by software designed in tandem with Google as both companies try to catch up with Apple in that part of the wearable tech market.

Since releasing its first foldable phones in 2019, Samsung has been hyping the technology as a breakthrough that will spur more consumers to splurge on new phones instead of holding on to older devices until they wear out or upgrading to new models that have most of the same features.

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But foldable phones have barely made a ripple in the smartphone market, with roughly 2 million of the devices shipped last year, according to the research firm International Data Corp. That’s a tiny fraction of the nearly 1.3 billion smartphones shipped worldwide last year, IDC said.

“What has really been holding back the mass consumption of these foldable devices is the high price,” IDC analyst Nabila Popal said. “Most people really don’t see the need for it. At least nothing that justifies forking out an additional thousand dollars.”

Popal believes Samsung’s lower prices for its latest foldable phones are still too far above what most consumers are willing to pay for phones. That’s one reason IDC projects only a modest uptick in foldable phone shipments this year, to an estimated 6 million to 7 million devices.

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Besides high prices, sales have been held back by doubts about whether the foldable devices can withstand the wear and tear that traditional smartphones typically endure. Those worries have shadowed Samsung’s foldable line-up since it delayed the release of first models in 2019 to fix problems with bulging screens and flickering displays.

Samsung has equipped its newest foldable phones with more durable glass and water resistance to reduce the chances of the devices being damaged. It has made the foldable phones compatible with its popular S Pen stylus for the first time to woo customers accustomed to using the digital writing tool on Samsung’s traditional Note and Galaxy phones.

READ ALSO: WHO Announces Three New Drugs For COVID-19 Clinical Trials

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In another sign of foldable phones’ progress, nearly 50 of the top 100 mobile apps, are now available for its unique format, said Drew Blackard, the South Korean company’s vice president of product management.

Those improvements have emboldened Samsung to make the foldable phones its marquee products during the second half of the year, backed by a marketing campaign that will hail their advantages.

Blackard likened the third generation of Samsung’s foldable phones to the third generation of the company’s Note phones that came out in 2013 and changed the perceptions of a product line-up that was initially mocked for introducing smartphones with five-inch screens. Within the next year, Apple released the first model of its trendsetting iPhones with bigger screens that have now become a standard feature.

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But Apple still hasn’t felt compelled to make an iPhone with a foldable screen yet.

(AP)

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YULETIDE: Edo Sports Commission Boss Preaches Unity, Peace

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The Executive Chairman of the Edo State Sports Commission, Hon. Amadin Desmond Enabulele, has extended warm Christmas greetings to athletes, coaches, sports administrators, journalists, and the people of Edo State, urging them to uphold the enduring values of love, peace, and unity that define the festive season.

In a statement issued by his Media Officer, Edoko Wilson Edoko, Hon. Enabulele described Christmas as a period of reflection, gratitude, and renewed commitment to collective progress and shared responsibility.

“I sincerely appreciate all stakeholders in the sports sector for their cooperation, resilience, and unwavering support throughout the year. Your contributions have been instrumental to the growth and success of sports in Edo State,” he said.

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READ ALSO:Edo SWAN Distances Self From Online Publication Against Enabulele

He further commended Edo athletes for their dedication and discipline, noting that their consistent performances have continued to bring pride and recognition to the state at both national and international levels.

According to him, the Commission remains committed to athletes’ welfare, grassroots sports development, and the creation of opportunities that will enable talents to flourish.

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Enabulele also called on residents of the state to celebrate responsibly and show compassion to one another, particularly the less privileged, emphasizing that unity and peaceful coexistence are vital for sustainable development.

READ ALSO:How Enabulele Is Driving Okpebholo’s Agenda In Edo Sports Commission

He reaffirmed the Edo State Sports Commission’s resolve to strengthen collaboration with partners and stakeholders in the coming year, with increased focus on excellence, transparency, and inclusive sports development.

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The Sports Commission boss concluded by wishing everyone a joyous Christmas celebration and a prosperous New Year filled with hope, good health, and greater achievements.

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MOWAA: Okpehbolo Receives Edo Assembly Resolution Indicting Obaseki

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Edo State Governor, Monday Okpebholo, received report and resolutions of the Edo State House of Assembly which indicted former Governor Godwin Obaseki on the Museum of West African Art (MOWAA) and the Radisson Hotel projects.

Recall that the Edo Assembly raised a five-man committee to investigate funding and ownership of both projects following a request by Governor Okpebholo.

Okpebholo, who spoke after receiving the report said its findings and recommendations would be fully implemented.

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Okpebholo said the Economic and Financial Crimes Commission (EFCC) would be invited to further examine issues raised in the recommendations.

READ ALSO:MOWAA: Why I Will Not Appear Before Edo Assembly Panel — Obaseki

According to him, the Edo State Government has significant stakes in the MOWAA and Radisson Blu hotel having invested ₦3.8bn respectively in both projects.

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He said changes in the structure and nomenclature of the MOWAA project made the investigation unavoidable.

Okpebholo said it was unacceptable to suggest Edo State has only 10 per cent stake in the Radisson Blu hotem despite investing over ₦28bn.

Edo State has spent over ₦3.8 billion on this project, yet some people are saying the state has no stake in it. That is totally unacceptable. I will work with your recommendations and forward them to the relevant authorities to investigate what truly happened. We will also involve the EFCC.

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READ ALSO:MOWAA Controversy: Edo Assembly Threatens Arrest Warrant On Obaseki, Others

“Our investment in this project is over ₦28 billion. We must invite the EFCC to step in and determine if this is how businesses are conducted in Nigeria,” he said.

In its recommendations passed by the Assembly, the five-man committee headed by Hon Addeh Isibor, urged the Edo State Government to take possession of both projects.

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It asked Governor Okpebholo to contract competent hands to complete renovation of the Hotel and take all steps to put the Hotel to use.

The recommendations urged the Edo State Government to revoke “the fraudulent Certificate of Occupancy to the property issued in the name of Hospitality Investment and Management Company Limited and revert same to the Edo State Government that purchased the property.

READ ALSO:Edo Assembly Charges Contractor Handling Ekekhuan Road To Accelerate Work

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“That the Edo State Government initiate legal action and work with relevant Anti-graft Agencies to retrieve both the complete statement of account and the balance of the Seventeen Billion, Five Hundred Million Naira (N17,500,000,000.00) Bond proceeds still in the possession of the Escrow Agents. Meristen Trustees Limited and Emerging Africa Trustees Limited.

“The title to the MOWAA Property having never been revoked, same remains the property of the Central Hospital, Benin City

“That the Edo State Government immediately takes all necessary step to put the property to good use in the best and overriding public interest of the people of Edo State.”

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Speaker of the Assembly, Hon. Blessing Agbebaku, said the facts about MOWAA and Radisson Blu Hotel were now clearly documented in resolutions and outcomes.

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Sheikh Gummi Sues Two Over Alleged False Facebook Publication

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Prominent Islamic scholar, Sheikh Ahmad Gummi, has approached the Chief Magistrate Court in Kaduna, seeking the issuance of a criminal direct complainant summons against two Facebook users over alleged criminal conspiracy, attempt to cause public disturbance and criminal defamation.

The application, filed at the Chief Magistrate Court sitting on Ibrahim Taiwo Road, Kaduna, listed the defendants as George Udom and Bello Isiaka.

According to him, the defendants allegedly published a “Breaking News” statement on their respective Facebook pages on December 23, 2025, between 7:00 am and 10:00 am, attributed to him, threatening that the family of the Minister of Defence, General Christopher Musa, would be eliminated if military operations against bandits were not stopped.

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Gummi alleged that the publication was falsely attributed to him, as his photograph was allegedly used alongside the statement, giving the impression that he issued the threat against the Defence Minister.

READ ALSO:Nigeria Army Alone Cannot Defeat Bandits — Sheikh Gumi

The Islamic scholar stated that following the publication, he received numerous phone calls from concerned members of the public who believed he authored the statement and was attempting to intimidate the Minister of Defence in the discharge of his official duties.

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He further maintained that the publication portrayed him as a troublemaker and a threat to public peace, despite his long-standing reputation as a cleric known for preaching peace and harmony within and outside Nigeria.

The complainant argued that the alleged publication was capable of inciting public disorder in Kaduna State, particularly Southern Kaduna, and could expose him to danger by presenting him as a prime suspect in the event of any attack on the Defence Minister’s family.

READ ALSO:Insecurity: What Sheikh Gumi Told Me After Visiting Bandits Hideouts — Obasanjo

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He also contended that the actions of the defendants amounted to an attempt to cause public disturbance and criminal defamation of his character.

Dr Gummi told the court that the alleged acts contravened Sections 59, 57, 372, 116 and 117 of the Kaduna State Penal Code Law, 2017.

The application, dated December 24, 2025, was filed by a team of lawyers led by Suleiman Danlami Lere, with the complainant urging the court to summon the defendants to answer to the allegations.

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