Samsung sent out invitations Friday for an October 11 event to launch a new mobile device under its Galaxy line.

The invitation offered few details but the mention of "4x fun" led to speculation the about a new smartphone with four cameras or possibly a foldable handset.

The South Korean electronics giant, the world's leading smartphone maker, unveiled its latest flagship Galaxy Note 9 in August.

Samsung and other device makers are looking for ways to boost momentum in a sluggish smartphone market.

Research firm IDC expects worldwide smartphone shipments to decline 0.7 percent in 2018 to 1.455 billion units, with growth likely to resume as 5G devices become available.

Despite its leadership position, Samsung saw a 22 percent drop in mobile technology sales in the second quarter.

The news from Samsung comes days after Apple unveiled a new lineup of iPhones focusing on the premium smartphone segment at prices starting between $749 and $1,099 for US customers.

Apple recently slipped to third place in the smartphone market behind Huawei, even though the Chinese firm's sales in the United States are limited.

Google, which is looking to gain ground in the premium segment with its own branded handsets, has scheduled a media event October 9 expected to unveil its updated Pixel handsets.

jc/rl/mdo

SAMSUNG ELECTRONICS

APPLE INC.

GOOGLE

Related Links
Satellite-based Internet technologies

Tweet

Thanks for being here; We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor $5 Billed Once credit card or paypal		SpaceMediaNetwork Monthly Supporter $5 Billed Monthly paypal only

Apple unveils premium iPhone XS, health features for watch
Cupertino, United States (AFP) Sept 12, 2018
Apple unveiled three new iPhones on Wednesday in a bid to bolster its spot in the premium smartphone market, along with an upgraded smartwatch that takes electrocardiograms and detects falls. The California tech giant said it would begin selling its 5.8-inch iPhone XS and 6.5-inch iPhone XS Max later this month, keeping the starting price of the company's top-end model at $999 but bumping the entry price for the version with the larger screen. Apple also announced a new iPhone XR starting at $74 ... read more