Despite witnessing a decline in smartphone profits in recent years, Samsung still is positive of the fact that they will remain the top smartphone manufacturer for the next decade, thanks to their newly introduced foldable phones, 5G and such futuristic technology.

In a recent interview with a French newspaper Le Figaro, Samsung’s mobile division CEO, DJ Koh declared that the foldable technology with help the tech giant to regain its charm.

Also, where Samsung saw a slowdown in smartphone sales, competitor and the second largest smartphone manufacturer Huawei saw a rise, which posed a threat to Samsung to overthrow its top rank. However, Koh brushed off the threat promising that Samsung will remain the smartphone market leader for at least the next 10 years.

“As a global leader in the smartphone market, our priority is and has always been to improve our products and services to deliver meaningful innovations for our consumers,” Koh said. “Samsung has been a leader in the smartphone market for 10 years and will remain so for the next 10 years by continuing to innovate and imagine new mobile experiences.”

Referring to the innovative and growing trend of foldable phones, Koh said, “Personally, I see a huge potential for the segment of foldable smartphones. Consumers are looking for larger screens without sacrificing portability.

“We lived until now in a world where the size of the screen was limited to that of the device itself. Samsung has taken into account the evolution of these needs and has radically changed the situation with this new smartphone format and the unprecedented mobile experience that results.

“Samsung’s foldable smartphone is not just a new category, we’re writing the next chapter of the mobile industry. We created the Galaxy Fold to directly change the way consumers use their phones – everywhere and for everything,” Koh proudly exclaimed.

Also, Koh talked about the emerging 5G technology as well saying that they will offer their 5G smartphones as soon as 5G networks were ready. He also assured that the firm would provide excellent 5G service from ‘network equipment to device and chip, while ensuring security and data confidentiality’, wrote Android Pit.