Samsung unveils new foldable phone in surprise ad during the Oscars

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Samsung unveils new foldable phone in surprise ad during the Oscars
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Samsung Electronics, the world's top smartphone maker, gave a glimpse of ne...

FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, Jan. 7, 2019. REUTERS/Kim Hong-Ji/File Photo

The ad, broadcast only in the United States, comes two days before its Galaxy Z Flip phones, which open and close vertically like a flip phone, are due to be unveiled at an event in San Francisco. They are, however, expected to be less expensive than the $1,980 Galaxy Fold which opens like a book and was launched in September, delayed by several months after problems with its screens.

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