Economy

Samsung to Unveil New Devices Next Month in San Francisco

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(Bloomberg) –Samsung Electronics Co. said it will introduce new products at an event in San Francisco next month.

The launch of “new, innovative devices that will shape the next decade of mobile experiences” will take place on Feb. 11 at 11 a.m. local time, the South Korean company said. In a teaser, it showed a rectangle and a square, a potential introduction of Galaxy S series and a clamshell foldable smartphone.

There has been speculation Samsung may rename its flagship model the S20. The official name of the smaller version of the Galaxy Fold has not been announced yet.

Samsung launched its first Galaxy Fold in February last year, but the smartphones priced at $1,980 a unit effectively went on sale only in September because a severe defect in the original design led to a months-long delay.

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