Samsung chose Paris for its second Unpacked event of 2024 in the lead-up to the 33rd Olympics. AFP
Samsung chose Paris for its second Unpacked event of 2024 in the lead-up to the 33rd Olympics. AFP
Samsung chose Paris for its second Unpacked event of 2024 in the lead-up to the 33rd Olympics. AFP
Samsung chose Paris for its second Unpacked event of 2024 in the lead-up to the 33rd Olympics. AFP

What to expect at Samsung's Galaxy Unpacked event in Paris


Alvin R Cabral
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Samsung Electronics is about to unveil the next iteration of its foldable devices, as it seeks to regain the lead it commanded in that market segment, which it lost earlier this year.

The world's biggest mobile phone maker will introduce what is expected to be the Galaxy Z Fold6 and Flip6, plus a host of other hardware, during its Galaxy Unpacked event in Paris on Wednesday.

The Seoul-based tech giant, which does not comment on speculation, has not officially confirmed the names of the devices.

While the usual upgrades are expected, attention will be more focused on the anticipated new features of Samsung's Galaxy AI platform – a nod to the sector that has taken over devices, industries and users.

Samsung is expected to introduce generative AI features, which aim to give users more flexibility and ease of use for their activities, from work and school to gaming and entertainment.

“AI is not a fad; it is something that is affecting life. It's not just one of those marketing gimmicks or short-term features,” Fadi Abu Shamat, head of Samsung Gulf's mobile experience division, told The National.

“AI is going to be an inherent part of every single company that delivers or aims to deliver a new, unique experience to customers.”

The National takes a look at what to expect at the Galaxy Unpacked event this week.

Why Paris?

Samsung chose the French capital for its second Unpacked event of 2024 in the lead-up to the 33rd Olympics. The company has been a worldwide Olympic partner since the 1998 Winter Games in Nagano, Japan.

Samsung announced that Paris would be the venue on June 26.

But before that, it had already dropped some hints: on April 30, it kicked off a “final countdown” campaign in the city and announced a “rendezvous” experience area on Paris's famed Champs-Elysees, featuring Samsung products, which opened on May 3.

“The choice of Paris as the venue for this high-profile event underscores the city's cultural and economic significance. Samsung's strategic marketing, including the use of teaser videos and symbolic imagery, aims to build anticipation and excitement among consumers and industry watchers alike,” Business Korea wrote last month.

Unfolding of the new foldables

While there has been no official confirmation, Samsung's expected new foldables, the Galaxy Z Fold6 and Flip6, are likely to be the stars of Unpacked Paris.

Both devices received token upgrades last year, the most notable of which was a redesigned hinge that eliminated the gap between their sides and ensured they were closed completely when folded.

For this year's editions, the smartphones will support a flat-edged design, according to multiple leaks, most notably from reliable Samsung tipster Evan Blass, who last week posted purported specifications and images.

However, he was reportedly asked by Samsung last week to take down the posts, under copyright grounds. Most of the posts on Mr Blass's X account are now unavailable.

Nevertheless, the Galaxy Z Fold6 is said to be powered by the Snapdragon 8 Gen 3 chip, which was also used in the Galaxy S24 series. Its screen would have a brightness of 2,600 nits, significantly higher than last year's 1,750, and would have as much as two hours more of battery life.

It is expected to retain its 7.6-inch main screen, with its cover display slightly bigger at 6.3 inches. The device is said to be lighter and slimmer but with no change in its camera set-up.

The Galaxy Z Flip6, meanwhile, is also anticipated to use the same processor, but with a new top-tier RAM of 12GB. It would also be thinner, have a higher-capacity battery and up to three hours longer battery life.

Probably the biggest change, if the leaks are accurate, is that the device's main camera would now be ramped up to 50MP – that means the Flip6 would be at par with the rest of Samsung's flagship smartphones (save for the S24 Ultra that has a 200MP camera).

How much will they cost?

There have been conflicting reports on how much the Fold6 and Flip6 will cost, but the consensus is that Samsung may stick to its pricing for a third straight year – that would mean the smartphones would start at $999 and $1,799.

Last month, rumours circulated that the Fold6 and Flip6 would be priced higher, with one estimate pegging the price bump at €300 and €130 ($325 and $140), respectively, based on European prices. However, that was later retracted.

Samsung maintaining its price tags will be a welcome move. The same tactic has been used by Apple, which has used the same pricing since the iPhone 12 in 2020, except for the iPhone 15 Pro Max.

A new Ultra watch

Aside from the new generation of foldables, Samsung is expected to launch more wearables, including the Galaxy Watch 7 – in line with the July 2023 Unpacked event – and a new iteration of the Galaxy Buds true wireless headset.

However, probably the most interesting wearable to look forward to is the rumoured Galaxy Watch Ultra, which, as its name implies, is said to be a tougher, sportier version of Samsung's digital timepiece, able to withstand extreme conditions.

And yes, it sounds familiar because it supposedly aims to compete directly with the Apple Watch Ultra, name and all. That said, Samsung did use “Ultra” ahead of Apple, in 2020s Galaxy S20 Ultra.

  • 10 - Samsung Galaxy A34 Photo: Samsung
    10 - Samsung Galaxy A34 Photo: Samsung
  • 9 - Galaxy S24 Photo: Reuters
    9 - Galaxy S24 Photo: Reuters
  • 8 - iPhone 15 Plus Photo: Bloomberg
    8 - iPhone 15 Plus Photo: Bloomberg
  • 7 - Samsung Galaxy A54 Photo: Samsung
    7 - Samsung Galaxy A54 Photo: Samsung
  • 6 - Samsung Galaxy A15 5G Photo: Samsung
    6 - Samsung Galaxy A15 5G Photo: Samsung
  • 5 - Samsung Galaxy S24 Ultra Photo: Bloomberg
    5 - Samsung Galaxy S24 Ultra Photo: Bloomberg
  • 4 - iPhone 14 Photo: Reuters
    4 - iPhone 14 Photo: Reuters
  • 3 - iPhone 15 Pro Photo: Reuters
    3 - iPhone 15 Pro Photo: Reuters
  • 2 - iPhone 15 Photo: AFP
    2 - iPhone 15 Photo: AFP
  • 1 - iPhone 15 Pro Max Photo: Bloomberg
    1 - iPhone 15 Pro Max Photo: Bloomberg

Will there be a Ring to it?

Another highly-anticipated Samsung product expected to make its official debut is the Galaxy Ring, which was first teased at January's Unpacked in San Jose, California.

The would-be latest addition to Samsung's gadget arsenal is basically an even smaller version of a health tracker, connected to a smartphone, but all its capabilities remain unknown.

According to a post on the Samsung Community page, the Galaxy Ring will come in nine sizes, with different battery capacities, and up to five to nine days of battery life, depending on the size.

Will Sam Altman make an appearance?

OpenAI chief executive Sam Altman made headlines when he appeared at Apple's Worldwide Developers Conference in June to formalise a partnership with the iPhone maker's generative AI service, Apple Intelligence.

While OpenAI's deal with Apple isn't exclusive, it's highly unlikely that Mr Altman will attend Unpacked – on the assumption that he may not want to jeopardise his newly formed alliance, which is just a month old.

Still – in line with the era of generative AI that has blurred the lines of reality – it's hard to tell.

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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Updated: July 09, 2024, 3:24 PM