The Samsung Galaxy Fold is the first of its kind. For the ridiculously high price of $1,980, the phone can be opened and closed like a book. But it appears the product is far from ready for prime time. A number of tech reviewers who received the phone a week ahead of the release found the foldable screen was prone to failure. Despite the reports, Samsung has said that the April 26th release date is still on.
At least these problems aren’t as bad as the Samsung Galaxy Note 7, which exploded in several instances due to faulty batteries. But for the top smartphone vendor by market share, rushing a phone out could open it up even more to competition coming from China. Huawei, the number two smartphone vendor by market share, is already planning to release its own foldable phone for the even higher price of $2,600 available later this year, though it won’t be coming to the United States.