KEY POINTS
  • Samsung is postponing the China launch event for its Galaxy Fold smartphone, which was originally scheduled for April 24 in Shanghai.
  • The South Korean firm also said that the release of the device will be delayed globally.
  • A spokesperson for Samsung said the Galaxy Fold "needs further improvements" before it releases the phone to consumers.
Samsung debuted its most extensive new lineup of smartphones, taking on Apple Inc. amid a slowing market.

Samsung is postponing its China launch event for its foldable smartphone just days after incidents with defective screens on the nearly $2,000 device and has pushed back the release of the device globally.

The South Korean electronics giant had scheduled an event in Shanghai for April 24 to launch the Samsung Galaxy Fold. A spokesperson confirmed that had been canceled but had no official statement to give. It's unclear for when that event will be rescheduled or when the phone will be available in China.