Samsung unveils new foldable phones 'to secure lead in niche market'            

Foldable smartphones are likely to fare better than regular smartphones, as their quirky form factor, large screens, and portability attract interest, analysts said.

A Galaxy Z Flip4 (left) and Galaxy Z Fold4. Picture: Martyn Landi/PA Wire

Samsung Electronics has unveiled its latest high-end foldable smartphones, keeping prices at the same level as last year's in a bid to cement its leadership in an expanding niche market.

The smartphone maker priced its clamshell Galaxy Z Flip4 at $999.99 (€968), and the 5G-enabled top-line Galaxy Z Fold4 with a 7.6-inch main screen to start at $1,799.99 in the US, the same as the launch prices of last year's models.