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Here’s why the Samsung Galaxy Flex will cost so much

Hint: it has something to do with the screen

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Based on the current rumors, next year’s foldable phones will take the mantle as history’s most expensive smartphones. Currently, Samsung’s upcoming Galaxy Flex is already slated to come with price tags above the US$ 2,000 mark. Even without rumors, the revolutionary form factor will easily break banks because of the new screen alone.

Of course, as with all major purchases, we want to know why we’re paying so much. Finally, we have an insider’s look into what’s ticking inside these foldable screens. Via LetsGoDigitalKorean firm CGS-CIMB Research has broken down the list of materials needed to make the Galaxy Flex. For reference, the report also compares the Galaxy Flex’s breakdown with the iPhone XS Max’s and the Galaxy S9+’s.

According to the report, the Galaxy Flex almost completely uses more expensive components than today’s smartphones.

Naturally, the phone’s foldable display takes the cake. The foldable display costs US$ 218.80 per screen. The amount is almost double the price of the iPhone XS Max’s display. It’s also almost thrice the price of the Galaxy S9+’s display.

Image source: CGS-CIMB Research

As for the rest, the Galaxy Flex’s components are a few more dollars more expensive than its comparisons. The comparison only falters in power management. The iPhone XS Max spent almost two dollars more on power management than the Galaxy Flex.

All in all, the Galaxy Flex costs US$ 636.70. This is a huge leap from contemporary flagships. (The iPhone XS Max costs US$ 390.00; the Galaxy S9+ costs US$ 375.80.)

Because of this massive price increase, Samsung can charge more than today’s flat phones. The report estimates a US$ 1,800 SRP. Arguably, a huge chunk of this price will come from the extensive research done to manufacture the product. Regardless, the bank-breaking price tag is still worlds apart from today’s most expensive smartphones.

According to the report, this awful trend will likely continue. In 2022, the industry is expected to ship 24 million foldable phones, compared to next year’s paltry 3.5 million units. Despite the rush in supply, the price will still stay the same, averaging around US$ 1,300 per unit.

SEE ALSO: Samsung Galaxy A8s debuts with Infinity-O display

Apps

WT:Social is a social network without ads and fake news

It’s created by the co-founder of Wikipedia

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In this digital age, fake news and ads have proliferated on the internet. Their proliferation has a big impact on society. That’s why Wikipedia co-founder Jimmy Wales launched WT:Social, an alternative social networking platform to Facebook and Twitter.

WT:Social is an abbreviation of Wikitribune Social. It aims to provide users with quality headlines by eliminating fake news. It does this by providing a news feed gathered from different “subwikis”. These “subwikis” act as communities where users can join and post news articles. Users can also report misleading headlines and fake news. In the future, the platform will also implement an “upvote” button.

The whole platform seems inspired by Reddit. Unlike Reddit though, a private company doesn’t own WT:Social. It operates through donations, which is also how Wikipedia operates. Through donations, the company promises to sell no personal data — a clear dig at major tech companies like Google and Facebook.

“We will never sell your data. Our platform survives on the generosity of individual donors to ensure privacy is protected and your social space is ad-free,” the platform states on its website.

Privacy-conscious users looking for an alternative to Facebook and Twitter may find WT:Social useful. They can now sign-up through this link, but there is currently a waitlist for new members.

With 80,000 members and counting, Jimmy Wales expect more users in the future. A privacy-focused social networking site focused on eliminating fake news is what the world needs right now, considering that fake news has the power to influence an election, and even generate a scandal.

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Huawei’s foldable Mate X is finally on sale

Chinese exclusive for now

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In the span of just a few weeks, the world’s first foldable smartphones finally received their much-awaited public release. Headlining the pack, Samsung launched the second iteration of the Galaxy Fold. The revolutionary foldable phone is now available worldwide.

Similarly, Motorola launched its own interpretation of the latest trend, a reimagined resurrection of the iconic Motorola Razr. The new Motorola razr is a brilliant combination of nostalgia and modern technology.

Joining this already distinguished duo, Huawei has finally released its own foldable device, the Mate X. Like its contemporaries, the Mate X was first announced earlier this year. Since then, Huawei’s foldable smartphone has been a victim of numerous rumors and delayed launched.

Prior to this weekend, the Mate X’s most conclusive launch date is “late 2019.” Well, we’re finally in late 2019. As promised, the Mate X is out in the market.

In China, that is. Before a more international launch, the Mate X is exclusive to the Chinese market for now.

Unlike other foldable phones, the Mate X folds outwardly. With its form factor, the phone doesn’t need a second screen. Unfolded, it has an 8.0-inch screen. Folded, it has a front-facing 6.6-inch screen and a 6.38-inch rear screen.

Inside, the Mate X comes with Huawei’s Kirin 980 chipset, 8GB of RAM, and 512GB of internal storage. It also comes with a triple rear camera setup: a 40-megapixel main sensor, an 8-megapixel telephoto lens, and a 16-megapixel ultrawide lens. For power, the Mate X carries a sizable 4500mAh battery.

The Mate X retails for CNY 16,999 (or around US$ 2,425.50). However, the device is available only in China for now.

SEE ALSO: Huawei Mate X first look: Answering the burning questions

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Enterprise

Lazada’s 11.11 concludes with record-breaking sales

E-commerce is growing in the Philippines

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Lazada just had a blast with its 11.11 sale. This year’s sale sets new records for the online store company, with over 11 million deals from local and international brands sold to customers in the Philippines.

Lazada tallied one million sold items within the first hour of the 11.11 sale. One million users also shopped for various items on the website. By the end of the sale event, Lazada shoppers spent a total of 205 million minutes shopping on Lazada. That’s equivalent to watching a marathon of harry Potter for 187,000 times. Filipinos also proved to be shopping-savvy, collecting up to PhP 170 million worth of vouchers during the sale. One person’s shopping cart even amounted to a whopping PhP 1.2 million.

Bigger league of millionaire sellers

Dealers and sellers also set a record for increasing the membership of Lazada’s millionaire-seller league. The league, where sellers past a million peso sale mark earn membership, gained 1,140 new sellers because of the 11.11 sale.

Top brands in the 11.11 sale include Xiaomi for mobile category; CooCaa for home appliance; Pampers for mother’s care; Hydro Flask for general merchandise; Maybelline for health and beauty; and American Tourister for fashion.

This year’s 11.11 sale proves that e-commerce is booming the country. Globally, e-commerce is growing steadily, with China’s Singles’ Day event this year crossing the US$ 38 billion mark for total sales.

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