Released in August 2021, the Galaxy Z Fold 4 received high praise from both critics and users, featuring a 6.2-inch cover screen and a 7.6-inch primary display, both with OLED panels and 120Hz refresh rates. The primary screen also boasted an under-display camera that added to the device's immersive and seamless experience. The Galaxy Z Fold 5 is expected to hit the market in late 2023 or early 2024, with its pricing yet to be determined, though it could be similar to or higher than the Galaxy Z Fold 4's launch price of $1,799.
Samsung is not the only company developing foldable phones, with competitors such as Huawei, Xiaomi, and Motorola announcing or releasing their versions of foldable devices in recent years. Nonetheless, Samsung's Galaxy Z series remains the market leader in this category, and it will be interesting to observe how long Samsung can maintain their dominance.