Google (GOOGL) intends to release its first foldable smartphone sometime in June, challenging Samsung’s (SSNLF) market-leading foldable phone business, CNBC’s Jennifer Elias reports, citing internal communications. The Alphabet unit plans to unveil the device at Google I/O, its annual developer conference, on May 10, the author says. The Pixel Fold, known within the company as "Felix," will have the "most durable hinge on a foldable" device and will cost upward of $1,700, the author notes, citing the documents. Reference Link
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