Samsung Galaxy Fold is back! To go on sale from September 6 with 5G connectivity

The Samsung Galaxy Fold is back after facing trouble over defects in screens which delayed its official launch. The smartphone was unveiled during a Samsung Unpacked event in the US in February this year. Now, the Galaxy Fold will be available in South Korea from September 6 with fifth-generation (5G) mobile connectivity. The world's largest smartphone vendor said the device would be priced KRW 2.398 million ($1,977.47 or roughly Rs 1,43,000). There is still no word from the company on when the phone will arrive in India. 

The South Korean electronics giant said that it would offer 5G and LTE-enabled versions of the Galaxy Fold in select countries including Britain, France, Germany and the United States. It did not provide release dates. Samsung has promised to usher in a new age of foldables as part of its effort to showcase innovation in a saturated smartphone market.

WATCH Zee Business TV LIVE Streaming online -

The company has reportedly made changes to this phone and in July, had claimed that it would be ready to sell the Galaxy Fold in September after making changes including strengthening hinges, which early reviewers had found to be problematic. The company will also provide a program for Fold users in which the company covers 70 percent of cost of a display screen repair once within a year, according to its statement.

"Consumers have responded positively to larger screens, and the Galaxy Fold's revolutionary form factor offers a bigger, more immersive screen without sacrificing portability," said DJ Koh, chief executive of IT & Mobile Communications Division at Samsung Electronics. The company also believes that Galaxy Fold sales will boost its number of 5G subscribers, offering discounts and insurance plans for the high-priced folding phone.

Last month, Chinese rival Huawei Technologies delayed the planned September launch of its own first foldable phone, its second postponement this year, as it battles a US trade blacklist that threatens the tech giant's access to crucial US technologies such as Alphabet's Android operating system.