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SAN FRANCISCO (Reuters) - Samsung Electronics Co Ltd (005930.KS) unveiled its much-anticipated foldable phone in San Francisco on Wednesday, urging Android developers to start writing apps for it. The South Korean tech company needs to get the foldable phone right to reverse steep declines in profit for its mobile division and restore some of the cachet its brand has lost to Apple Inc (AAPL.O). Foldable phones promise the screen of a small tablet in a pocket-sized device. Justin Denison, a senior vice president of mobile product marketing, showed a prototype with a screen he said measured 7.3 inches (18.5 cm) diagonally.
Folded in two it appeared to resemble a thick phone, but Samsung did not give media or developers a chance to touch or see the device up close, Dave Burke, vice president of engineering for Google’s Android software platform, told a Google conference in California that Samsung planned to introduce a new Android-based device early next year, “We expect to see foldable products from several Android manufacturers,” he said, Google’s head of Android UX, Glen Murphy, was black onyx cufflinks also on stage with Samsung and said Google would work with the developer community to bring more features to the phone..
Samsung said it would be ready for mass production in the coming months. Developer Joshua Clark, who was at the conference, said Samsung needs to sell the technology to its competitors for the product to be widely adopted. “I really think it only takes two companies, and then all of the sudden it will catch on,” said Clark. “And the fact that Google was on stage, that says a lot. For developers to be able to integrate it with all their apps, that gives me a lot of confidence.”.
Analyst Bob O’Donnell with Technalysis Research said that while the bendable screen provided a wow factor, shoppers may not like the thickness of the folded phone or its price tag, “They’ll have to prove that it’s more than just a gimmick,” said O’Donnell, “But it’s smart to open it up to developers early to do different types of experiences.”, black onyx cufflinks Maribel Lopez, an analyst at Lopez Research, said that the product would likely be relatively expensive in the near term..
“We’re talking about brand new materials that have been made for this and also a new manufacturing process,” said Lopez. Samsung is among a handful of developers working on foldable phones. China’s Huawei Technologies Co Ltd [HWT.UL] has said it is planning to launch a 5G smartphone with a foldable screen in mid-2019. Samsung and Huawei, however, have been beaten to the market by Royole, a Chinese display making start-up, which last week unveiled a foldable Android phone with a 7.8 inch screen, priced from around $1,300. Royole said it would start filling orders in late December.
MAUBEUGE, France/PARIS (Reuters) - France’s Renault (RENA.PA) said it will build new Nissan and Mitsubishi vans at its domestic plants, raising investment in the country as it explores closer integration of black onyx cufflinks the three-way carmaking alliance with government backing, The announcement, timed to coincide with a plant visit by President Emmanuel Macron, “underlines the importance of France for the alliance”, Renault-Nissan-Mitsubishi said on Thursday, Renault will build a new Nissan (7201.T) NV250 delivery van at the northern Maubeuge factory, on an architecture shared with its own Kangoo model that includes an electric version, the alliance said in a statement..
A larger Mitsubishi (7211.T) van will also be produced in Sandouville, western France, alongside Renault’s Trafic. The move raises Renault’s announced investment in France this year to 1.4 billion euros ($1.6 billion), the companies added. Under pressure from the French government, the carmaker’s biggest shareholder, Renault boss Carlos Ghosn agreed this year to pursue a closer tie-up with Nissan in what is likely to be his last four-year stint as chief executive. Renault currently owns 43.4 percent of Nissan, which in turn holds a non-voting 15 percent stake in its French parent and 34 percent of Mitsubishi Motors.
Ghosn has previously said a full merger is possible only if France gives up its 15 percent Renault holding - a step the government has been reluctant to entertain without clearer safeguards on French jobs and other industrial interests, The investment will eventually boost Renault’s sales to partners - one measure of its financial benefit from the alliance - which fell by 358 million euros in the last quarter, partly reflecting black onyx cufflinks Europe’s diesel sales decline, France was chosen for the vans investment because “the Maubeuge and Sandouville factories offered the most attractive solution, thanks to their competitiveness”, Ghosn said..