With the third iteration of Samsung's foldable unveiled, Samsung hopes they will provide the 'sustainable growth' for making the new category mainstream.
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Samsung has reclaimed some of its lost smartphone market share from Apple in South Korea during the first quarter of 2021, thanks to the Galaxy S21 series being launched earlier than usual.
LG will launch its first 5G smartphone, the V50 ThinQ, in South Korea on April 19, two weeks after the release of Samsung's Galaxy S10 5G.
Alongside its G4 and G Flex 2 smartphones, LG is preparing to launch a 'super' phone in the second half of 2015, according to mobile boss Juno Cho.
Marketing for the G5 has been costly for LG in the first quarter but strong sales of TVs and home appliances boosted its profit by 65 percent, the South Korean tech giant has said.
Samsung's annual year-end financial report has revealed that rival Apple was one of the South Korean tech giant's top sources of revenue for 2014.
The Z2 smartphone is the third in the low budget series aimed at the country and the first to support 4G LTE connectivity.
Samsung plans to launch a fingerprint authentication mobile payment service in South Korea this month, with the aim to later expand it globally, the company has said.
Apple's iPhones have double the electromagnetic waves absorption rate of Samsung's Galaxy series, according to data from South Korea's National Radio Research Agency presented during a committee hearing.
New Galaxy Note 7s will have different colored battery indicators to differentiate from the original faulty phones, but questions remain whether it will quell safety concerns.