Inside Samsung's Bid to Challenge Apple With 5G, Folding Phones
- Company in talks with Verizon for 5G network-ready phone
- New flagship to include fingerprint scanner under screen
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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.