Samsung Electronics wanted to make a splash at its first-ever Unpacked event in Seoul recently, and it did just that with its new folding gadgets, as much of the talk focused on its new gapless design and the Flip5's bigger cover screen.
Still, the Fold is the crown jewel of Samsung's foldables, and the latest device to wear that crown is the Galaxy Z Fold5. With an updated design and the usual internal upgrades, the world's biggest mobile phone manufacturer wants to show others how it's done.
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So just how unique is the newest Fold? And is it enough to convince users to upgrade or join the flip, er, fold side?
What's new in the Fold5?
At first glance, nothing's changed. But, as with the Flip5 – and as we pointed out in our first impressions – take a closer look between the folds and you'll find out that the gap has been closed.
That's thanks to the Flex Hinge upgrade, which has fewer mechanisms, allowing the device to open and close more seamlessly, and also helping to make the Fold5 the lightest and slimmest model in the series.
It also keeps dust out and eliminates the awkward shape common to older models.
Aside from that, nothing else is remarkable. In fact, practically nothing has changed since the Fold4.
To be fair, devices in the Fold series have a clean design, and indeed, the Fold5 is the most polished of the lot; it's hard to imagine how its aesthetics could be improved, but this needs to be done.
It's been five years of Samsung Folds now, and we really want to see a complete overhaul next year.
So, what's the biggest upgrade?
You'll have to look below the surface, as the Fold5's biggest upgrade is its processor – Qualcomm's Snapdragon 8 Gen 2, a specially-made “Mobile Platform for Galaxy”.
Samsung promises a faster device with better graphics and a longer battery life. One thing it has highlighted is gaming, and here it does deliver, as the device handles graphics-heavy games without any noticeable delays or lags.
This excellence spills over to its overall performance, which is smooth and a pleasure to interact with. The 7.6-inch main display, which lets you see and do more, is just so easy on the eyes; the 120Hz refresh rate runs smoothly and responds well to the S Pen.
Helping on that front is an advanced cooling system to keep the Fold5 even-tempered. That'll also help handle the device's peak brightness, which is increased by 30 per cent from its predecessor. Sure, you'll feel some moderate heat at certain points, but nothing alarming.
Is the camera good?
By all accounts, yes. The Fold5's triple-lens camera system remains a sturdy little snapper. Technically, its specs haven't changed, having inherited the big bump-ups of the Fold4, but the new, faster chip makes up for that.
Shooting photos and videos feel a tad faster compared to the Fold4, and we had no issues using it as an all-round snapper in both bright and dim light.
We love how much detailed well-lit pictures are, and the crispness makes colourful shots stand out. Image processing is nice, keeping them at a natural level unlike other phone cameras that tend to overexpose or beautify things too much.
At night is where we kind of diverge a bit: there is some overexposure, as all the night shots above were taken in really dark areas.
The logic here is that brightening up shots will do you good if there are people involved, but if you just want to capture the feel of the scene, the results could be less desirable. You can, however, adjust the camera's focus to balance out the lighting you wish to achieve.
For selfies, you have two options – either the cover camera or the inner, under-display front camera. The former does a better job, as we find the latter has the tendency to produce more grain. And don't consider them redundant; you can use either on a video call too.
How long does the battery last?
Looks like that Gen 2 chip is really paying dividends. We were good for a solid day, and had about 30 per cent left in the battery tank by night – and you know you can stretch that out further the following day.
In our one-hour YouTube-at-full-brightness test, the Fold5 only lost an impressive 5 per cent – and that's with the brightness turned up – which easily beats out the Fold4's 8 per cent and the Fold3's 7 per cent, despite all three devices sharing the same 4400mAh battery.
Samsung says the device can charge up to 50 per cent in half an hour. In our test, using a 30W brick, the device hit 44 per cent in 30 minutes, then 77 per cent in an hour. Not bad.
The verdict
The Samsung Galaxy Z Fold5 remains a powerhouse. While it has only inched up internally, the decision to finally close the gap makes the previous iterations look like relics of the past.
However, it's been five years of Samsung Folds now, and we want to see a complete overhaul next year. But with Samsung giving the Fold5 a good polish, are we indeed due for a new-look premium foldable in 2024?
Even Apple has never waited this long. The longest period between iPhone design refreshes was four years, between 2013's iPhone 6 and the 2017 iPhone X, which could be matched by this year's iPhone cycle if rumours about Apple's next flagship hold up.
The company has already teased a number of prototypes. We are hoping for an additional rear cover screen for now, then triple folds and rollables can follow – because, of course, we need to hype these things, right?
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Killing of Qassem Suleimani
Normal People
Sally Rooney, Faber & Faber
Profile of RentSher
Started: October 2015 in India, November 2016 in UAE
Founders: Harsh Dhand; Vaibhav and Purvashi Doshi
Based: Bangalore, India and Dubai, UAE
Sector: Online rental marketplace
Size: 40 employees
Investment: $2 million
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
Scores in brief:
Boost Defenders 205-5 in 20 overs
(Colin Ingram 84 not out, Cameron Delport 36, William Somerville 2-28)
bt Auckland Aces 170 for 5 in 20 overs
(Rob O’Donnell 67 not out, Kyle Abbott 3-21).
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Story%20behind%20the%20UAE%20flag
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MATCH INFO
Maratha Arabians 107-8 (10 ovs)
Lyth 21, Lynn 20, McClenaghan 20 no
Qalandars 60-4 (10 ovs)
Malan 32 no, McClenaghan 2-9
Maratha Arabians win by 47 runs
BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
'Champions'
Director: Manuel Calvo
Stars: Yassir Al Saggaf and Fatima Al Banawi
Rating: 2/5
UAE SQUAD
Goalkeepers: Ali Khaseif, Fahad Al Dhanhani, Mohammed Al Shamsi, Adel Al Hosani
Defenders: Bandar Al Ahbabi, Shaheen Abdulrahman, Walid Abbas, Mahmoud Khamis, Mohammed Barghash, Khalifa Al Hammadi, Hassan Al Mahrami, Yousef Jaber, Mohammed Al Attas
Midfielders: Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Majed Hassan, Abdullah Hamad, Khalfan Mubarak, Khalil Al Hammadi, Tahnoun Al Zaabi, Harib Abdallah, Mohammed Jumah
Forwards: Fabio De Lima, Caio Canedo, Ali Saleh, Ali Mabkhout, Sebastian Tagliabue
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Avengers: Endgame
Directors: Anthony Russo, Joe Russo
Starring: Robert Downey Jr, Chris Evans, Scarlett Johansson, Chris Hemsworth, Josh Brolin
4/5 stars
Celta Vigo 2
Castro (45'), Aspas (82')
Barcelona 2
Dembele (36'), Alcacer (64')
Red card: Sergi Roberto (Barcelona)
more from Janine di Giovanni
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.”
Three tips from La Perle's performers
1 The kind of water athletes drink is important. Gwilym Hooson, a 28-year-old British performer who is currently recovering from knee surgery, found that out when the company was still in Studio City, training for 12 hours a day. “The physio team was like: ‘Why is everyone getting cramps?’ And then they realised we had to add salt and sugar to the water,” he says.
2 A little chocolate is a good thing. “It’s emergency energy,” says Craig Paul Smith, La Perle’s head coach and former Cirque du Soleil performer, gesturing to an almost-empty open box of mini chocolate bars on his desk backstage.
3 Take chances, says Young, who has worked all over the world, including most recently at Dragone’s show in China. “Every time we go out of our comfort zone, we learn a lot about ourselves,” she says.
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