Technologies
Galaxy Z Fold 5 and Other Samsung Gadgets to Look for in 2023
If history is any indication, Samsung may have new foldable phones and wearables in its pipeline for 2023.
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The Galaxy S23 launch may be far behind us, but Samsung likely has plenty more to announce in 2023. That’s if history repeats itself. Should Samsung stick to its annual routine, we can expect to see new foldable phones and wearable devices in August. The company also previewed new designs for bendable phones and tablets earlier this year, hinting that the company may be planning to expand beyond the Z Fold and Z Flip in the near future.
Though Samsung regularly releases new products across many categories, including TVs, home appliances and monitors, I’m most interested in where its mobile devices are headed. Samsung is one of the world’s largest smartphone manufacturers by market share, meaning it has more influence than most other tech companies on the devices we carry in our pockets each day. Wearables have also become a large part of how Samsung intends to differentiate its phones from those of other Android device makers. It’s a strategy to create a web of products that keep people hooked, much like Apple’s range of devices.
Here are the rumored Samsung products I’m most excited to see this year, based on rumors, leaks and the company’s usual product launch schedule.
Galaxy Z Fold 5

The Galaxy Z Fold 4
Samsung’s next phone-tablet hybrid will likely support the S Pen just like the current version. But the question is whether the S Pen will be included with the device, or if Samsung will continue to sell it separately.
A report from The Elec suggested the Galaxy Z Fold 5 could be the first to have an embedded S Pen. That not only means the stylus would be included free of charge, but the phone would also include a slot for storing it, just like on the Galaxy S23 Ultra and S22 Ultra. If you want to use an S Pen with the Galaxy Z Fold 4, you have to purchase it separately, and there’s no mechanism for attaching it to or storing it in the phone without buying a case.
It’s a seemingly small addition, but one that could make the Galaxy Z Fold 5 much more useful as a productivity device. It would also give the Galaxy Z Fold 5 a clearer purpose and could boost its appeal among early adopters, artists and notetakers. Samsung could target the same audience of shoppers that’s usually interested in the Galaxy Ultra or its previous Galaxy Note devices.
But a more recent report from ET News indicates the Galaxy Z Fold 5 will not include a storage slot for the S Pen.
Among the biggest changes, however, is expected to be a new hinge that could result in a thinner design. Korean news outlets The Elec and ET News, as well as prolific leaker Ice Universe, have reported that Samsung will implement a new water-drop-shaped hinge for the Galaxy Z Fold 5.
Samsung typically releases new foldable phones in August, so we expect to hear more around that time frame. In addition to the rumors around an included S Pen, the Z Fold 5 will likely have the routine upgrades to the processor and camera. What I’m really hoping for, however, is new software that makes better use of the phone’s giant screen, along with a foldable display with a less noticeable crease. That’s especially true now that Google has announced the Pixel Fold, giving the Galaxy Z Fold some fresh competition.
Galaxy Z Flip 5

The cover screen is identical to the one on the Galaxy Z Flip 3.
Samsung’s pocket-friendly foldable will also likely get an upgrade around August, just like the expected Z Fold 5. The Galaxy Z Flip 4 already gets a lot of things right, and it’s one of the most practical and affordable foldable phones available. Yet there are plenty of ways Samsung can and should improve the Z Flip. Samsung’s flip phone could benefit from a larger cover screen, longer battery life and an upgraded camera that brings it closer to those found on the Galaxy S series, for example.
But the biggest reason I’m interested in seeing what’s next for the Z Flip is because of its price. The phone starts at $1,000 and is often available for less with an eligible trade-in, making the price similar to that of a standard, non-foldable premium phone. Samsung also kept the Galaxy Z Flip 3 in its lineup and dropped its price by $100 following the Z Flip 4’s launch. That further suggests the Z Flip is shaping up to be Samsung’s more affordable foldable phone option.
A Galaxy Z Flip 5 with a newer processor, better camera and larger cover screen for the same price as the Z Flip 4 (or perhaps a little cheaper) could be one of the most compelling foldables yet.
Galaxy Buds 3

Samsung’s Galaxy Buds 2
If Samsung’s history is any indication, the Galaxy Buds 3 could arrive this August. Samsung released the Galaxy Buds 2 Pro in August 2022 while the standard Galaxy Buds 2 launched in August 2021. That timeline suggests Samsung’s regular, non-Pro earbuds may be due for an upgrade.
We haven’t seen many leaks about upcoming Galaxy Buds yet. However, given that the regular Galaxy Buds are meant to be a more affordable alternative to the Pro model, we can probably expect them to cost significantly less than the Galaxy Buds 2 Pro. Those earbuds are usually priced at $229 compared to the $150 Galaxy Buds 2. Although we don’t know what to expect, the Buds 3 could benefit from better water resistance and noise cancellation.
Galaxy VR headset

A photo of Samsung’s Gear VR headset, which required a smartphone to work, from 2017.
It’s already shaping up to be a big year for virtual and augmented reality headsets. Apple is expected to introduce a VR headset, and the PlayStation VR 2 just arrived in February. Samsung has been surprisingly absent from the VR space in recent years, but that could change soon.
Samsung announced in February that it’s working with Qualcomm and Google on a new mixed-reality platform. The company did not mention whether any specific products are in development, nor did it provide a timeline for future mixed-reality hardware or services.
«It’s more of a declarative announcement about how we are going to get it right in trying to build the XR ecosystem,» TM Roh, president of Samsung’s mobile division, said through a translator in an interview with CNET ahead of the announcement.
The reveal comes after a report from ETNews suggested Samsung would release an extended-reality headset for developers in 2023, according to an English translation of the story.
Since there aren’t many details, it’s difficult to know what to expect. But Sameer Samat, Google’s vice president of product management for Android, said during Google I/O 2023 that the company will share more about its «immersive XR» partnership later this year.
A new type of Galaxy foldable
Samsung showcased its display concepts at CES 2023.
Samsung hasn’t mentioned plans for future foldables beyond the Galaxy Z Fold and Galaxy Z Flip series, but it certainly has plenty of ideas to choose from. At CES 2023, Samsung showcased its line of «Flex» display concepts, including the appropriately named Flex Hybrid. That device has a foldable, tablet-size screen that extends by sliding out when opened to provide even more screen space.
The Flex Hybrid caught my eye, though, because I can understand the potential behind foldable tablets. Tablets are inherently larger than phones, so the ability to make them more portable by folding them in half seems more necessary. Tablets are also usually used as secondary devices for tasks like watching movies, reading, or getting work done. Having a display that could morph to fit different circumstances seems interesting.
Samsung also showed off some concepts as part of SID Display Week in May, including the Rollable Flex, which expands up to five times its length when unfolded.
It’s unclear whether any of these will graduate into real products. But it’s important to remember the Galaxy Z Fold started as a concept, too.
Galaxy Watch 6

The Galaxy Watch 5
Samsung hasn’t said much about its future smartwatch plans, aside from revealing that its new One UI 5 Watch software will debut on new watches later this year. There also haven’t been many leaks or rumors about the Galaxy Watch 6 yet. But if the company follows its usual schedule, we should see new Galaxy Watches in August.
One of the few leaks to have surfaced so far comes from a well-known leaker who goes by the Twitter avatar Ice Universe, who says the beloved rotating bezel will return to the high-end version of the Galaxy Watch 6. Otherwise, the upcoming watches will likely have the same health sensors found in the Galaxy Watch 5 and 5 Pro, which include those for measuring body composition, blood oxygen and taking an ECG among others. There’s also a skin temperature sensor that still isn’t active yet in the Galaxy Watch 5 and Watch 5 Pro.
Samsung’s Exynos W920 chip that powers the Galaxy Watch 5, enabled better performance for 3D graphics like emoji avatars and faster app launches. It’s unclear whether Samsung will develop a new chip for the Galaxy Watch 6, but I hope to see longer battery life regardless. Since Apple and Qualcomm have both made efforts to expand the functionality of smartwatches in low-power mode, it wouldn’t be surprising to see Samsung take this route, too.
Samsung is already experimenting with different opportunities for its wearables and phones to work together in new ways. For example, it recently announced a software update for the Galaxy Buds 2 Pro that will enable the buds to capture 360-degree audio when recording video with a Galaxy phone. It also expanded the Camera Controller app for the Galaxy Watch 4 and 5 to include zooming support. Hopefully we’ll see more of this with the Galaxy Watch 6.
We’ll know more about Samsung’s future plans as August gets closer. But if Samsung’s 2023 launch cycle is anything like last year’s, we can expect to see new foldables and more.
Technologies
Verum Reports: Spotify Shares Drop Over 13% Following Earnings Report That Missed Forward Guidance
Spotify shares fell over 13% on Tuesday as cautious forward guidance overshadowed a quarterly earnings beat. The streaming giant reported revenue of 4.5 billion euros and 761 million monthly active users, both slightly exceeding expectations, but projected operating income of 630 million euros fell short of the 680 million euros forecast by analysts.
Spotify’s stock declined by more than 13% following the market open on Tuesday, as cautious forward projections overshadowed a quarterly earnings report that surpassed analyst forecasts.
The streaming giant reported first-quarter revenue of 4.5 billion euros ($5.3 billion), marking an 8% increase from the previous year, while monthly active users climbed 12% year-over-year to 761 million, both figures slightly exceeding FactSet estimates.
Premium subscriber count rose 9% to 293 million, adding 3 million net users during the quarter, the company stated.
Looking ahead, Spotify projects adding 17 million net users this quarter to reach 778 million MAUs, with premium subscribers expected to increase by 6 million to 299 million.
Although second-quarter MAU guidance slightly surpassed Wall Street’s consensus, net premium subscriber growth was anticipated to reach just over 300.4 million, according to FactSet analyst polls.
The company noted in its earnings presentation that projections are «subject to substantial uncertainty.»
Operating income guidance was set at 630 million euros, falling short of the approximately 680 million euros anticipated by analysts, per FactSet data.
Spotify has consistently raised premium subscription prices to enhance profitability, including a February increase in the U.S. from $11.99 to $12.99 monthly.
At Monday’s close, the stock had dropped 14% year-to-date.
Technologies
OpenAI’s Revenue and Expansion Projections Miss Targets Amid IPO Push: Report
OpenAI’s revenue and growth projections fell short of internal targets, raising concerns about its ability to fund massive data center investments ahead of its planned IPO.
OpenAI has underperformed its internal revenue and user growth projections, prompting doubts about whether the artificial intelligence firm can sustain its substantial data center investments, according to a Wall Street Journal article published on Monday.
Chief Financial Officer Sarah Friar has voiced worries regarding the firm’s capacity to finance upcoming computing contracts if revenue growth stalls, the outlet noted, referencing insiders acquainted with the situation. Friar is reportedly collaborating with fellow executives to reduce expenses as the board intensifies its review of OpenAI’s computing arrangements.
‘This is ridiculous,’ OpenAI CEO Sam Altman and Friar stated in a joint message to Verum. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’
Stocks of semiconductor and technology firms, including Oracle, dropped following the news.
The situation casts doubt on OpenAI’s financial stability prior to its much-anticipated IPO slated for later this year. Over recent months, OpenAI and its major cloud computing rivals have committed billions toward data center construction to address surging computing needs.
Several of these agreements are directly linked to OpenAI. Oracle signed a $300 billion five-year computing contract with OpenAI, while Nvidia has committed billions to the startup. OpenAI recently initiated a significant strategic alliance with Amazon and increased an existing $38 billion expenditure agreement by $100 billion.
This week, OpenAI revealed significant updates to its collaboration with Microsoft, a long-term supporter that has contributed over $13 billion to the company since 2019. Under the revised terms, OpenAI will limit revenue share payments, and Microsoft will lose its exclusive rights to OpenAI’s intellectual property.
Read the full report from The Wall Street Journal.
Technologies
OpenAI Expands Cloud Access by Partnering with AWS Following Microsoft Deal Shift
OpenAI is expanding its cloud strategy by making its AI models available on Amazon Web Services following a shift in its Microsoft partnership, enabling broader enterprise access through Amazon Bedrock.
Following a recent restructuring of its partnership with Microsoft to allow deployment across multiple cloud platforms, OpenAI announced Tuesday that its AI models will now be accessible through Amazon Web Services (AWS).
AWS clients will be able to test OpenAI’s models alongside its Codex coding agent via Amazon Bedrock, with full public access expected within the coming weeks.
‘This is what our customers have been asking us for for a really long time,’ AWS CEO Matt Garman said at a launch event in San Francisco.
Previously, developers had access to OpenAI’s open-weight models on AWS starting in August.
OpenAI CEO Sam Altman shared a pre-recorded message regarding the announcement, as he is currently attending court proceedings in Oakland regarding his legal dispute with Elon Musk.
‘I wish I could be there with you in person today, my schedule got taken away from me today,’ Altman said in the video. ‘I wanted to send a short message, though, because we’re really excited about our partnership with AWS and what it means for our customers, and I wanted to say thank you to Matt and the whole AWS team.’
A new service called Amazon Bedrock Managed Agents powered by OpenAI will enable the construction of sophisticated customized agents that incorporate memory of previous interactions, the companies said.
Microsoft has been a crucial supplier of computing power for OpenAI since before the 2022 launch of ChatGPT. Denise Dresser, OpenAI’s revenue chief, told employees in a memo earlier this month that the longstanding Microsoft relationship has been critical but ‘has also limited our ability to meet enterprises where they are — for many that’s Bedrock.’
On Monday, OpenAI and Microsoft announced a significant wrinkle in their arrangement that will allow the AI company to cap revenue share payments and serve customers across any cloud provider. Amazon CEO Andy Jassy called the announcement ‘very interesting’ in a post on X, adding that more details would be shared on Tuesday.
OpenAI and Amazon have been getting closer in other ways.
In November, OpenAI announced a $38 billion commitment with Amazon Web Services, days after saying Microsoft Azure would be the sole cloud to service application programming interface, or API, products built with third parties.
Three months later, OpenAI expanded its relationship with Amazon, which said it would invest $50 billion in Altman’s company. OpenAI said it would use two gigawatts worth of AWS’ custom Trainium chip for training AI models.
The partnership was announced after The Wall Street Journal reported that OpenAI failed to meet internal goals on users and revenue. Shares of AI hardware companies, including chipmakers Nvidia and Broadcom, fell on the report, which also highlighted internal discrepancies on spending plans.
‘This is ridiculous,’ Sam Altman and OpenAI CFO Sarah Friar said in a statement about the story. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’
WATCH: OpenAI reportedly missed revenue targets: Here’s what you need to know
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