TAIPEI/SEOUL -- Samsung Electronics is betting heavily on foldable smartphones, with plans to sharply increase production and a new, double-folding model under development, Nikkei Asia has learned.
Samsung has previously announced it will skip introducing a new version of one of its nonfolding flagship phones, the Note, this year, while CEO Koh Dong-jin said the company hopes to increase its foldable phone production despite an ongoing global chip shortage.
