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The Samsung Galaxy Fold 5 and Galaxy Z Flip 5.

Ryan Browne | CNBC

Samsung on Wednesday launched two new folding smartphones that are thinner and lighter than earlier models, as well as a tablet and two new smartwatches.

The South Korean electronics giant said its new phones, the Galaxy Z Flip 5 and Galaxy Fold 5, come with more rigid hinges and brighter displays — but offered mainly incremental upgrades over last year’s models.

CNBC takes a look at some of the new features.

Galaxy Z Flip 5

The star of the show in Samsung’s new folding phone portfolio is its new Galaxy Z Flip 5.

The Flip 5 is a clamshell-style folding handset that, when shut, takes a square shape that fits more comfortably into your pocket. Flip it open, and it becomes a regular, rectangular smartphone.

The Samsung Galaxy Z Flip 5’s standout feature is a much larger cover display.

Ryan Browne | CNBC

It’s water- and dust-resistant, and has a three-stop, “zero gap” hinge to adjust the device’s angle. It’s a lot slimmer than its predecessor, with the hinge gap now barely noticeable when you fold it shut.

But the standout feature of the phone is a much larger cover display, which you can use to select a range of widgets, including your calendar and clock — and it allows for enhanced selfie-taking.

The screen on the front cover of the phone has a new “flex” window that allows users to expand its 1.9-inch display to a 3.4-inch one, so that you can customize it to more easily access notifications and widgets.

Though the hinge is tighter and the phone itself feels sturdier than previous iterations, there’s still a noticeable line that runs down the middle where the phone’s hinge is located.

The Samsung Galaxy Z Flip 5. Foldables, or phones that bend in half, remain a niche part of the smartphone market. But they’re growing fast.

Ryan Browne | CNBC

Foldables, or phones that bend in half, remain a niche part of the smartphone market. But they’re growing fast.

Samsung faces competition in this category from a slew of rival phonemakers, mainly Chinese firms, that are challenging the company with their own folding devices.

In February, Chinese vendor Oppo launched the Find N2 Flip. And Honor, the spinoff brand from Huawei, launched its Magic Vs for international markets.

Motorola plans to bring out a new version of its foldable Razr device later this year. Lenovo owns Motorola.

Still, Samsung remains the market leader. The firm launched its first foldable handset in 2019. In 2022, it commanded an 80% share of global foldable shipments, according to Canalys.

The market expects foldable phone shipments to double to 30 million in 2023. But foldables accounted for just 1.1% of the total smartphone market last year, according to IDC data.

Still, that gives the industry ample room to grow. And, as people who’ve held on to their phones for longer near their chance to upgrade or trade their old phone in, they’re more likely to buy the top-of-the-range smartphones rather than older, less advanced ones.

“Currently, I think foldables will remain a lucrative niche with good margins and premium positions,” Ben Wood, chief analyst at CCS Insight, told CNBC via email.

“They resonate well with consumers that want to stand out from the crowd and have something different from the homogeneous mono-bloc black rectangle.”

The Flip 5, which is available for pre-order, starts at a price of $999.99. 

Galaxy Fold 5

The Samsung Galaxy Fold 5.

Ryan Browne | CNBC

Samsung also announced a new version of its Galaxy Fold phone lineup, the Fold 5.

The advances on the Galaxy Fold 5 are less noticeable than those on the new Galaxy Z Flip, with Samsung mainly offering more incremental updates.

The Fold 5 has a 6.2-inch display that can be folded out to reveal a bigger 7.6-inch main screen akin to that of a tablet. The main display is much brighter than the last, too, emitting 1750 nits, the industry measure for brightness.

It is 2.4mm less thick than its predecessor, according to Samsung. It also comes with an under-display camera so that you barely notice it when using your phone to message people or watch movies. It’s also compatible with the company’s S Pen.

The Galaxy Fold 5 starts at $1.799.99.

Foldables may be a niche part of the market, but they offer a number of benefits over the standard black slabs we’ve all become accustomed to — not least because of the ability to have more than one app displayed on a screen.

Ryan Browne | CNBC

Foldables may be a niche part of the market, but they offer a number of benefits over the standard black slabs we’ve all become accustomed to — not least because of the ability to have more than one app displayed on a screen.

For instance, when using the Galaxy Fold 5, you can fold the device out to a tablet-like slab and display one app on one half, and another app on the other.

Google entered the market earlier this year, launching the Pixel Fold, its first folding phone.

That the launch was from one of the largest U.S. tech companies — and the owner of Android — lent some credibility to the market.

Still, Paolo Pescatore, co-founder of PP Foresight, said that all eyes remain firmly on what Apple will do in foldables. “In essence, Apple does not need to do anything right now,” he told CNBC.

“No doubt Apple is looking and working hard behind the scenes to bring novel devices to market. When it does, it will invigorate this segment and kickstart consumer demand for foldables.”

Samsung is doubling down on foldables even as the smartphone market more broadly is contracting. Global smartphone sales declined 11% year over year in the second quarter of 2023 amid gloomy demand, according to analyst firm Canalys.

But the market is showing some early signs of recovery.

“The smartphone market is sending early signals of recovery after six consecutive quarters of decline since 2022,” said Le Xuan Chiew, analyst at Canalys, in a report last week. 

“Smartphone inventory has begun to clear up as smartphone vendors prioritized cutting inventory of old models to make room for new launches.”

Galaxy Tab S9

(From left) The Samsung Galaxy Z Flip 5, Galaxy Fold 5, Galaxy Watch 6, and Galaxy Tab S9.

Ryan Browne | CNBC

Samsung also launched its newest tablet, the Samsung Galaxy Tab S9. It comes in three versions: an 11-inch Tab S9, a 12.4-inch Tab S9+, and a 14.6-inch Tab S9 Ultra.

The Tab S9 has a 120-hertz display for smoother scrolling and can be viewed more easily outdoors, Samsung said.

It comes with an S Pen straight out of the box. There’s also a “creator edition” available for the S Pen that supports changeable tips for drawing and writing.

Samsung said the tablet comes with enhanced speakers that allow for more cinematic audio.

It can also act more like a desktop computer, with the ability to mirror apps found on Windows PCs.

The Tab S9 starts at $799.99.

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How quantum could supercharge Google’s AI ambitions

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How quantum could supercharge Google’s AI ambitions

Inside a secretive set of buildings in Santa Barbara, California, scientists at Alphabet are working on one of the company’s most ambitious bets yet. They’re attempting to develop the world’s most advanced quantum computers.

“In the future, quantum and AI, they could really complement each other back and forth,” said Julian Kelly, director of hardware at Google Quantum AI.

Google has been viewed by many as late to the generative AI boom, because OpenAI broke into the mainstream first with ChatGPT in late 2022.

Late last year, Google made clear that it wouldn’t be caught on the backfoot again. The company unveiled a breakthrough quantum computing chip called Willow, which it says can solve a benchmark problem unimaginably faster than what’s possible with a classical computer, and demonstrated that adding more quantum bits to the chip reduced errors exponentially. 

“That’s a milestone for the field,” said John Preskill, director of the Caltech Institute for Quantum Information and Matter. “We’ve been wanting to see that for quite a while.”

Willow may now give Google a chance to take the lead in the next technological era. It also could be a way to turn research into a commercial opportunity, especially as AI hits a data wall. Leading AI models are running out of high-quality data to train on after already scraping much of the data on the internet.

“One of the potential applications that you can think of for a quantum computer is generating new and novel data,” said Kelly. 

He uses the example of AlphaFold, an AI model developed by Google DeepMind that helps scientists study protein structures. Its creators won the 2024 Nobel Prize in Chemistry. 

“[AlphaFold] trains on data that’s informed by quantum mechanics, but that’s actually not that common,” said Kelly. “So a thing that a quantum computer could do is generate data that AI could then be trained on in order to give it a little more information about how quantum mechanics works.” 

Kelly has said that he believes Google is only about five years away from a breakout, practical application that can only be solved on a quantum computer. But for Google to win the next big platform shift, it would have to turn a breakthrough into a business. 

Watch the video to learn more.

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Nintendo Switch 2 retail preorder to begin April 24 following tariff delays

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Nintendo Switch 2 retail preorder to begin April 24 following tariff delays

An attendee wearing a Super Mario costume uses a Nintendo Switch 2 game console while playing a video game during the Nintendo Switch 2 Experience at the ExCeL London international exhibition and convention centre in London, Britain, April 11, 2025. 

Isabel Infantes | Reuters

Nintendo on Friday announced that retail preorder for its Nintendo Switch 2 gaming system will begin on April 24 starting at $449.99.

Preorders for the hotly anticipated console were initially slated for April 9, but Nintendo delayed the date to assess the impact of the far-reaching, aggressive “reciprocal” tariffs that President Donald Trump announced earlier this month.

Most electronics companies, including Nintendo, manufacture their products in Asia. Nintendo’s Switch 1 consoles were made in China and Vietnam, Reuters reported in 2019. Trump has imposed a 145% tariff rate on China and a 10% rate on Vietnam. The latter is down from 46%, after he instituted a 90-day pause to allow for negotiations.

Nintendo said Friday that the Switch 2 will cost $449.99 in the U.S., which is the same price the company first announced on April 2.

“We apologize for the retail pre-order delay, and hope this reduces some of the uncertainty our consumers may be experiencing,” Nintendo said in a statement. “We thank our customers for their patience, and we share their excitement to experience Nintendo Switch 2 starting June 5, 2025.”

The Nintendo Switch 2 and “Mario Kart World bundle will cost $499.99, the digital version “Mario Kart World” will cost $79.99 and the digital version of “Donkey Kong Bananza” will cost $69.99, Nintendo said. All of those prices remain unchanged from the company’s initial announcement.

However, accessories for the Nintendo Switch 2 will “experience price adjustments,” the company said, and other future changes in costs are possible for “any Nintendo product.”

It will cost gamers $10 more to by the dock set, $1 more to buy the controller strap and $5 more to buy most other accessories, for instance.

WATCH: Nintendo has ‘a lot of work to do’ to convince casual users to upgrade to Switch 2: Kantan Games

Nintendo has 'a lot of work to do' to convince casual users to upgrade to Switch 2: Kantan Games

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Etsy touts ‘shopping domestically’ as Trump tariffs threaten price increases for imports

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Etsy touts 'shopping domestically' as Trump tariffs threaten price increases for imports

An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn.

Victor J. Blue/Bloomberg via Getty Images

Etsy is trying to make it easier for shoppers to purchase products from local merchants and avoid the extra cost of imports as President Donald Trump’s sweeping tariffs raise concerns about soaring prices.

In a post to Etsy’s website on Thursday, CEO Josh Silverman said the company is “surfacing new ways for buyers to discover businesses in their countries” via shopping pages and by featuring local sellers on its website and app.

“While we continue to nurture and enable cross-border trade on Etsy, we understand that people are increasingly interested in shopping domestically,” Silverman said.

Etsy operates an online marketplace that connects buyers and sellers with mostly artisanal and handcrafted goods. The site, which had 5.6 million active sellers as of the end of December, competes with e-commerce juggernaut Amazon, as well as newer entrants that have ties to China like Temu, Shein and TikTok Shop.

By highlighting local sellers, Etsy could relieve some shoppers from having to pay higher prices induced by President Trump’s widespread tariffs on trade partners. Trump has imposed tariffs on most foreign countries, with China facing a rate of 145%, and other nations facing 10% rates after he instituted a 90-day pause to allow for negotiations. Trump also signed an executive order that will end the de minimis provision, a loophole for low-value shipments often used by online businesses, on May 2.

Temu and Shein have already announced they plan to raise prices late next week in response to the tariffs. Sellers on Amazon’s third-party marketplace, many of whom source their products from China, have said they’re considering raising prices.

Silverman said Etsy has provided guidance for its sellers to help them “run their businesses with as little disruption as possible” in the wake of tariffs and changes to the de minimis exemption.

Before Trump’s “Liberation Day” tariffs took effect, Silverman said on the company’s fourth-quarter earnings call in late February that he expects Etsy to benefit from the tariffs and de minimis restrictions because it “has much less dependence on products coming in from China.”

“We’re doing whatever work we can do to anticipate and prepare for come what may,” Silverman said at the time. “In general, though, I think Etsy will be more resilient than many of our competitors in these situations.”

Still, American shoppers may face higher prices on Etsy as U.S. businesses that source their products or components from China pass some of those costs on to consumers.

Etsy shares are down 17% this year, slightly more than the Nasdaq.

WATCH: Amazon CEO Andy Jassy says sellers will pass cost of tariffs on to consumers

Amazon CEO Andy Jassy: Sellers will pass increased tariff costs on to consumers

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