Google reportedly launching its foldable phone in June, pushing Samsung
Alena Kravchenko/iStock Editorial via Getty Images

Google (NASDAQ:GOOG) (NASDAQ:GOOGL) is reportedly planning to launch a long-rumored foldable phone in June, opening a new competitive front in the luxury-phone space with rival Samsung (OTCPK:SSNLF).
The Pixel Fold will get an announcement at Google's annual I/O developer conference on May 10, CNBC reported citing internal communications.

As with Samsung's $1,799 Galaxy Z Fold 4, the device will sport among the most premium prices among all mobile devices: upward of $1,700, according to the report.
The phone is planned for a 10-ounce weight, a bit bigger than Samsung's device, but with a larger battery claimed to last 24 hours, in a device with an outer 5.8-inch screen, an inner 7.6-inch screen, and water resistance, CNBC said.
The news follows reports that Samsung (OTCPK:SSNLF) is considering switching its phones' default search engine from Google to Microsoft's Bing.