Samsung unveils the Galaxy Z Fold 7, a high-priced foldable phone, and plans a tri-fold model by October.

Samsung's new Galaxy Z Fold 7 foldable phone boasts a refined design and improved features like smoother multitasking and enhanced AI technology, though it comes with a high price tag and average battery life. The device also faces competition from the Galaxy Z Flip 7, both featuring advanced displays and high-end processors. Additionally, Samsung is planning to release a tri-fold smartphone, the Galaxy Z TriFold, by October, featuring a 10-inch folding OLED screen and expected to launch in China and Korea at a starting price of over $2,900.