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2021 holds even more Samsung foldables


2021 holds even more Samsung foldables – TechCrunch

The foldable category got off to a famously rocky start. Fifteen months after the release of the first Galaxy Fold, Samsung has had time to work out some of the issues with the original device, giving the world the better-received Galaxy Z Flip and Z Fold 2 this year.

Likely due to various stumbles from mobile manufacturers, the form factor has yet to redefine the industry in a meaningful way — but meaningful change takes time. And in case there was any doubt surrounding Samsung’s commitment to foldable displays, Mobile president TM Roh penned a letter on the company’s site, noting an expansion of the portfolio next year.

Whether that means an additional device or something more meaningful remains to be seen, though it does seem to suggest the arrival of at least one more affordable model. Price has certainly been a major hurdle for the adoption of these products. In the letter, Roh notes that he/the company will be “sharing more in January” — perhaps an allusion to CES or a standalone Samsung event. Roh adds:

True to our heritage of staying ahead of the curve with trailblazing mobile tech, we’ll be expanding our portfolio of foldables, so this groundbreaking category is more accessible to everyone. And while we’re already known for our revolutionary cameras, we’ll never stop trying to outdo ourselves — so be on the lookout for super-intelligent, pro-grade camera and video capabilities in 2021. We’ve also been paying attention to people’s favorite aspects of the Galaxy Note experience and are excited to add some of its most well-loved features to other devices in our lineup.

Nothing particularly earth-shattering. With the race to 5G devices in the rear-view, the focus is seemingly back on cameras, in addition to folding screens. More after the holidays, no doubt.

 

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As 2020 comes to a close, some parts of the startup world are completing a loop, ending the year where they began.n

Startup valuations, for example, as seen in the Silicon Valley area are effectively back to where they were at the start of the year. According to a report from Fenwick & West examining data through October in the San Francisco Bay area, the percentage of startups that raised up rounds (rounds priced higher than preceding investments) came within spitting distance of its pre-COVID levels.n


n

The Exchange explores startups, markets and money. Read it every morning on Extra Crunch, or get The Exchange newsletter every Saturday.n


n

There are other positive signs in the data for startup bulls.n

""Median and average price increases for startup valuations in the Valley have both crested their 2019 averages. The gains have proven especially sharp amongst software startups, which managed somewhat epic valuation gains in October; Fenwick’s data, something we’ve covered before on The Exchange, lags the calendar month somewhat.n

This morning, let’s take a break from IPOs to look at startup health in the region still generally heralded as its promised land.n

Revenge of the bullsn

As optimism for business conditions u2014 tech-focused startups in particular u2014 improved in Q3, startup valuations kicked off Q4 on a strong note.n

In October, Silicon Valley startup investments that were pricedu00a0up from their preceding deal rose to 79%. That’s down from what Fenwick reports as 2019’s average, but a dip from 83% to 79% is not much. Notably, startups in the region managed to reach an up-round percentage of rounds in the mid-to-high-seventies over the summer, but during those months down rounds were 11% to 17% of the total.



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