Posted by & filed under Financial Accounting, Student life.

Description: Friday Samsung launched its new foldable smartphone. The Galaxy Fold is available in South Korea right now, but within a couple of weeks you can find one in France, Britain. Samsung wanted to have the phone on the market months ago, but tech reviewers found a number of issues with the foldable screen.

Date:  September 6, 2019

Source:  cbc.ca

Link: https://www.cbc.ca/news/business/samsung-galaxy-fold-launch-1.5273536

Discussion points: 

 1) Are you thinking of a foldable phone for your next upgrade?

2) If you were asked to calculate the economic impact of the delay in releasing the Galaxy Fold, what might be some of the things you would look at?

3) In chapter one of Wiley’s Financial Accounting: Tools for Business Decision-Making , we learn that one class of assets a company can own is called “Intangible Assets.” What might be an example of an intangible asset that Samsung could have for its new foldable phone?

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