Samsung Galaxy Fold smartphonee
Samsung's Mobile Division President and CEO DJ Koh holds the new Samsung Galaxy Fold smartphone during the Samsung Unpacked event on February 20 in San Francisco, California. Goldman Sachs says the Galaxy Fold is a clear threat to the Apple iPhone. Justin Sullivan/Getty Images

A Samsung official has announced that the Galaxy Fold smartphone will be hitting stores soon.

Samsung has revealed that it is almost done with solving issues related to the display problems that plagued the Galaxy Fold weeks ago as it was being reviewed by several people. The announcement comes from a key official from Samsung Display, a subsidiary of Samsung Electronics that supplied the displays used on the device, Korean news site The Investor reported.

“Most of the display problems have been ironed out, and the Galaxy Fold is ready to hit the market,” Samsung display vice president Kim Seong-cheol said in a speech during a conference held by The Korean Information Display Society on June 18.

High hopes

The VP expressed his hopes and high expectations for the device, saying it “will receive a lot of attention in the market” once it is released. Well, it did receive a lot of attention when it was first revealed.

Public anticipation was high as the device was nearing its release. TechCrunch reported that Samsung even “managed to sell out of preorders” considering that it was an expensive smartphone at $1,980.

Sadly, the device had to be pushed back thanks to some problems like flickering screens, a bulge that appeared from out of nowhere, and displays that suddenly stopped working. Retailers like Best Buy and carriers like AT&T even canceled preorders as there wasn’t a release date in sight.

A sudden turn of events?

Both the event and the announcement come as a direct contradiction to what an official told a Korean news agency just a few days ago.

“If we are running such a media event this month, we should be doing something by now,” the official reportedly said in the report published less than a week ago. “Nothing has progressed since the April delay.”

If what Samsung Display’s VP said is true, then the public can simply ignore the earlier report that said it won’t be coming out soon. For sure, the world is waiting for what the first mainstream foldable smartphone is capable of doing, and how it will enrich the lives of people who spend that much money to purchase it. The company, however, hasn’t given an expected release date at the moment.

This story is developing. Stay tuned for more updates as they come.

Samsung Galaxy Fold
It's obvious Huawei didn't want to experience what Samsung went through with the Galaxy Fold (held by Samsung Mobile CEO DJ Koh). Getty Images/Justin Sullivan