[Concall] Samsung Electronics "5G and Foldable Phones Will Boost Replacement Demand"
[Asia Economy Reporter Han Jinju] At the 2020 Q2 earnings conference call held by Samsung Electronics on the 30th, Lee Jongmin, Executive Director of the Wireless Business Division, stated, "Although there is uncertainty due to COVID-19, smartphone market demand has shown signs of recovery starting in June, and 5G smartphones and foldables will stimulate replacement demand and lead the market." He explained, "The new Galaxy Note model maximizes entertainment and productivity, and the new Fold model has further evolved its innovative form factor. Through collaboration with global top-tier partners, we will provide a rich and expanded user experience."
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