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Oct 27, 2018 | Samsung to launch 5G smartphone, cheaper flagship model, folding phones to stay ahead of Apple

Read More >> Samsung Electronics Co. is overhauling its line-up of premium phones for next year, preparing to launch its first 5G-capable smartphone, a cheaper flagship model and a foldable-screen device to challenge Apple Inc. and stay ahead of Chinese rivals, people familiar with the matter said.

The Suwon, South Korea-based company is in talks with Verizon Communications Inc. to launch its Galaxy S10 in the U.S. with a fifth-generation wireless chipset, said the people, asking not to be identified because products are still under development. The goal is to secure support from the biggest U.S. carrier to popularize the technology, which is designed to transfer data dozens of times faster than the fourth-generation networks in use now.

Samsung has embedded a fingerprint sensor under the display of its S10, overcoming years-long challenges of mass-producing such a device, the people said. The world’s biggest phone maker will launch three versions of the flagship model, including a more affordable version to appeal to the widest range of consumers, they said.