Home / Mobile / The 5G version of Samsung’s foldable Galaxy Z Flip arrives August 7

The 5G version of Samsung’s foldable Galaxy Z Flip arrives August 7


The 5G version of Samsung’s foldable Galaxy Z Flip arrives August 7 – TechCrunch

Samsung has been portioning out morsels of news in recent weeks in an attempt to prime the pump ahead of its big Unpacked event. On Monday, the company announced plans to unveiled five new “power devices” (including the new Galaxy Note) at the event. As of this morning, however, it seems the Galaxy Z Flip 5G won’t be among the mystery devices, as the company has officially made the device official today.

The device is set to arrive August 7, priced at $1,450. Not cheap, by any stretch of the imagination, but still only $170 more than the asking price of the original Galaxy Z Flip (and roughly $500 cheaper than the original Galaxy Fold. The Flip was, of course, much more positively received than the Fold, which seemed to run into one problem after another. In fact, the consensus around the device is that Samsung could have saved itself a considerable headache if it had made the Flip its first foldable.

Notably, the new version of the device is the first Samsung product announced to support Qualcomm’s newer chip after the Snapdragon 865 Plus 5G chip. There are also two new colors: Mystic Gray and Mystic Bronze. Most of the other bits and bops mentioned in the press release seem to line up with the original Flip, which launched 10 million-billion years ago, in February 2020.

The device is one of two foldables expected from the company, the other being the Galaxy Fold 2, which is expected to carry a similarly lofty price tag as its predecessor.

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insurtech startups undervalued?”,”content”:{“rendered”:”

On the heels of Hippo’s funding roundu00a0and our exploration of how the private markets appear to be more conservative than public investors at the moment, we’re asking a new question: are a bunch of insurtech startups undervalued?n

Hippo — an insurtech startup focused on home insurance — put together a $150 million round at a $1.5 billion post-money valuation after growing its gross written premium to $270 million “in the past 12 months.” At that valuation, and at pre-adjustment premium scale, Hippo is super-cheap compared to Lemonade, another venture-backed insurtech startup that just went public.n


n

The Exchange explores startups, markets and money. You can read it every morning on Extra Crunch, or receive it for free in your inbox. Sign up for The Exchange newsletter, which drops Saturdays starting July 25.n


n

There’s no need to relitigate Hippo’s valuation and how the private markets have valued the firm. But our work yesterday does give us the chance to do some fun math on other players in the neo-insurance space, namely, Rootu00a0and MetroMile. Using data accrued from financial filings and valuation data from Pitchbook and Crunchbase, we can grok how much the two firms are worth using Hippo’s and Lemonade’s current premium multiples.n

""If you aren’t familiar, the cohort of startups we’re looking at have raised well over $1 billion as a group; VCs really believe in them. How they are priced then, and how they exit, will help determine the results of many a venture fund.n

So, are other players in the startup insurance market cheap at their last private price when compared to Lemonade and Hippo? Did their venture backers overpay? Let’s find out.n

Cheap? Expensive?



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I'm a 50 year old PLC programmer from Burnley, UK. I severed my time as an electrician in the baking industry and soon got involved with the up and coming technology of PLC's. Initially this was all based in the Uk but as the years went by I have gradually worked my way around the globe. At first it was mainly Mitsubishi with a bit of Modicon thrown in but these days the industry leaders seem to be the Allen Bradley range of PLC and HMI’s.

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