The leading smartphone maker's answer to the sales is a phone that can be folded. But is that worth nearly $2,000?
Samsung Electronics has unveiled a new folding smartphone, Galaxy Fold, in a bid to deal with the fierce competition from Apple and a host of Chinese rivals.
The launch of Galaxy Fold, along with the latest editions of its flagship Galaxy S series - Galaxy S10, Galaxy S10+ and Galaxy S10e - to reignite consumer interest amid slumping sales.
Will it be enough for the industry leader to overcome a shrinking market?
Al Jazeera's Kristen Saloomey reports from New York.