When Samsung Electronics released the original Galaxy Z Fold in 2019, it wanted to change the game with a new design that combined the portability of a mobile phone with the flexibility of a tablet.
The South Korean tech giant followed that up in 2020 with the original Galaxy Z Flip, as it put more foldables into the hands of consumers.
Fast-forward to 2023 and we now have the Fold5 and Flip5, launched at the first-ever Unpacked event in Seoul. While not much has changed in terms of overall design, Samsung has made sure to provide upgrades that will stir interest.
Here are our first impressions on the Fold5 and Flip5.
How do the Galaxy Z Fold5 and Flip5 feel?
Save for some minor updates over the years, both devices basically haven't strayed away from their original forms.
A couple of key specs for both, their inner and cover displays, have maintained their sizes: the Fold5 still has a 7.6-inch inner screen and 6.2-inch cover screen.
One of the biggest things thrown against the Fold is that it is a large device. But context matters here: it's only large when it's unfolded. When it's folded, it's slimmer and shorter than iPhone's Pro Max models.
Granted, it is thicker, but it feels right in your hands. The Fold5 is now the lightest and slimmest in its series.
The Flip5, meanwhile, also retains its 6.7-inch inner screen, while its cover screen … more on that later.
When folded, it's so handy and pocketable that those old enough will recall those cool clamshell phones of several years past.
It's been widely suggested that the Flip was aimed at female users. Samsung has in the past marketed it towards that demographic – the original Flip was launched on Valentine's Day 2020 – but the lines have been blurred since then.
The Flip5 is a stylish device that has evolved to suit anyone's taste when you consider its capabilities, main screen size and convenience.
What's the biggest upgrade?
Arguably the most significant update is the new Flex Hinge, which closes the gap when the devices are folded, making them slimmer.
The gap in previous Samsung foldables allowed dust to creep in and gave them a somewhat awkward shape.
Fewer mechanisms in the Flex Hinge have also contributed to the devices' lighter build, Samsung said.
The Fold5 and Flip5 are powered by the Qualcomm Snapdragon 8+ Gen 2 chip, the same processor used in the Galaxy S23 series.
This is likely to give them a boost in power and battery life, as it did to Samsung's first flagship line-up earlier this year.
Their cameras basically stay put in terms of numbers, with some token upgrades including more artificial intelligence.
And circling back to a hanging statement earlier on the Flip5's screen: its outer screen has been significantly bumped up to 3.4 inches, which is nearly double its predecessor's.
That makes it more flexible as it shows more content and gives a bigger view when taking selfies, similar to what the Motorola Razr+ offers.
It is quite surprising Samsung didn't make this change as early as the Flip3. Google also beat them on the closed hinge which featured on the Pixel Fold launched in May.
Initial verdict
The Fold5 and Flip5 look very promising, albeit with only minor upgrades. The real test is when they are put into action.
There are also a lot more improvements that can be made to these devices. We don't know what Samsung is developing, but given this is the fifth Fold, we should expect some serious upgrades next time around.
In the meantime, we look forward to testing them.
Brief scores
Toss India, chose to bat
India 281-7 in 50 ov (Pandya 83, Dhoni 79; Coulter-Nile 3-44)
Australia 137-9 in 21 ov (Maxwell 39, Warner 25; Chahal 3-30)
India won by 26 runs on Duckworth-Lewis Method
Brief scoreline:
Liverpool 2
Keita 5', Firmino 26'
Porto 0
Match info
Uefa Champions League Group B
Barcelona v Tottenham Hotspur, midnight
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Match info
What: Fifa Club World Cup play-off
Who: Al Ain v Team Wellington
Where: Hazza bin Zayed Stadium, Al Ain
When: Wednesday, kick off 7.30pm
Mobile phone packages comparison
New schools in Dubai
The specs: 2018 GMC Terrain
Price, base / as tested: Dh94,600 / Dh159,700
Engine: 2.0-litre turbocharged four-cylinder
Power: 252hp @ 5,500rpm
Torque: 353Nm @ 2,500rpm
Transmission: Nine-speed automatic
Fuel consumption, combined: 7.4L / 100km
Abu Dhabi Sustainability Week
Fund-raising tips for start-ups
Develop an innovative business concept
Have the ability to differentiate yourself from competitors
Put in place a business continuity plan after Covid-19
Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.)
Have enough cash to stay afloat for the next 12 to 18 months
Be creative and innovative to reduce expenses
Be prepared to use Covid-19 as an opportunity for your business
* Tips from Jassim Al Marzooqi and Walid Hanna
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How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
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Various Artists
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
'Champions'
Director: Manuel Calvo
Stars: Yassir Al Saggaf and Fatima Al Banawi
Rating: 2/5
THE%20HOLDOVERS
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EAlexander%20Payne%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Paul%20Giamatti%2C%20Da'Vine%20Joy%20Randolph%2C%20Dominic%20Sessa%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204.5%2F5%3C%2Fp%3E%0A
RESULTS
5pm: Handicap (TB) Dh100,000, 2,400m
Winner: Recordman, Richard Mullen (jockey), Satish Seemar (trainer)
5.30pm: Wathba Stallions Cup Handicap (PA) Dh 70,000, 2,200m
Winner: AF Taraha, Tadhg O’Shea, Ernst Oertel
6pm: Abu Dhabi Fillies Classic Prestige (PA) Dh110,000, 1,400m
Winner: Dhafra, Fabrice Veron, Eric Lemartinel
6.30pm: Abu Dhabi Colts Classic Prestige (PA) Dh110,000, 1,400m
Winner: Maqam, Fabrice Veron, Eric Lemartinel
7pm: Handicap (PA) Dh85,000, 1,600m
Winner: AF Momtaz, Fernando Jara, Musabah Al Muhairi
7.30pm: Maiden (PA) Dh80,000, 1,600m
Winner: Optimizm, Patrick Cosgrave, Abdallah Al Hammadi
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5