Samsung Electronics will be holding its <a href="https://www.thenationalnews.com/business/technology/2022/07/20/samsung-to-unveil-new-foldable-smartphones-on-august-10/" target="_blank">next Unpacked event</a> on August 10, when it will introduce the next generation of its foldable smartphones. The Galaxy Z Fold 4 and Galaxy Z Flip 4 aim to cement the South Korean company's hold of the foldable device market. Here's what we know so far. Samsung is expected to launch the Galaxy Z Fold 4 and Galaxy Z Flip 4. Note that the Flip 4 will technically be the third in the series. Samsung skipped a "2" version to align it with the Fold 3, much like when it bypassed a Note 6 in 2016 to align the now-defunct series with its flagship Galaxy S line-up. Devices will go on sale from August 26, according to Jon Prosser, a blogger known for sharing Android product leaks. The Fold 4's hardware is expected to remain largely the same, with a 7.6-inch main screen and a 6.2-inch front display. Memory will be at 12GB, while storage options will be 128GB, 256GB and 1TB. Curiously, 512GB, a staple in previous iterations, is missing. It will also use Qualcomm's Snapdragon 8 Plus Gen 1 chip, an upgrade from the Galaxy S22's Snapdragon 8 Gen 1. Its camera is expected to have a main 50MP sensor. Meanwhile, the Flip 4 will probably retain its 6.7-inch internal screen and 1.9-inch external display. It will also use Snapdragon 8 Plus Gen 1, and will come with 128GB, 256GB and 512GB storage options. Evan Blass, another noted leaker of smartphone details, released a full render of the Flip 4. The Fold 4 is expected to come in three colours — phantom black, green and beige — while the Flip 4 would come in four — graphite, bora purple, pink gold and blue. Samsung is also expected to unveil the Galaxy Watch 5 and Galaxy Buds Pro 2 — which will pretty much round up the event, just like last year's. At last year's August Unpacked, Samsung introduced the Watch 4 and Watch 4 Classic. The company did away with its own Tizen software and used Google's Android Wear OS, and used a system co-developed with Fitbit, which<a href="https://www.thenationalnews.com/business/technology/google-closes-2-1bn-deal-to-buy-fitbit-1.1146376" target="_blank"> Google acquired last year for $2.1 billion</a> — a move to take aim at Apple's dominance in the market. Google announced its Pixel Watch during its I/O 2022 conference in May, and it is expected to be released in the autumn. Samsung has a market share of about 10 per cent in the global smartwatch category, but is a mile behind <a href="https://www.thenationalnews.com/business/technology/2022/07/26/steve-jobss-apple-1-computer-prototype-goes-up-for-auction/" target="_blank">market leader Apple</a>, which enjoys a 36 per cent share, according to a report from Counterpoint Research released on Tuesday. Meanwhile, in the true wireless stereo market, Samsung had a 9.5 per cent market share, according to research firm Canalys. That's far behind Apple's almost 32 per cent market share, thanks to its highly-popular and game-changing AirPods, the report said. And, no — don't expect a Galaxy Note to be released, because reports of its death aren't greatly exaggerated anymore: Samsung already announced a "<a href="https://www.thenationalnews.com/business/technology/2022/02/09/samsungs-new-galaxy-s22-series-keeps-notes-legacy-alive/" target="_blank">brand new chapter</a>" for the Galaxy, and the highly-popular Note will just live on in spirit, starting with the <a href="https://www.thenationalnews.com/business/technology/2022/04/05/samsung-galaxy-s22-review-ultra-5g-marks-fresh-start/" target="_blank">Galaxy S22</a>. Apparently, the Fold 4 and Flip 4 will cost more than their predecessors — which would buck Samsung's trend with these devices. Tech site Gizpaw spotted what seemed to be an <a href="https://gizpaw.com/galaxy-z-fold-4/" target="_blank">accidental leak</a> from a European retailer, showing the starting price of the Fold 4 would be €1,864, or roughly $1,900. The Fold 3 started at $1,799 — the same price of the Fold 2, when its price was dropped in 2021 from $1,999 at launch. The original Galaxy Fold, released in 2019, was priced at $1,980. Meanwhile, the Flip 4 is said to cost $1,080, or about $1,100, according to Sudhanshu Ambhore, a freelance writer who also has a good track record when it comes to industry news. The original Flip was launched in 2020 with a starting price of $1,449. Samsung made a bold move by dropping the price of the Flip 3 by almost 50 per cent to $999. But, of course, the price drops came with huge caveats: Samsung's latest foldables only came with the device and data cable in their boxes, no longer including headsets and wall plugs, to save costs. This move was largely influenced by Apple, when it ditched headsets and wall plugs starting with 2020's iPhone 12. Samsung, much like with its Note (now S22) and S Pen stylus, is dominating the foldables category. There are a number of other folding devices out there, most notably Huawei's Mate X and Motorola's Razr. Oppo, Xiaomi and Huawei's former unit Honor also have their own versions. The global foldable smartphone market grew more than 111 per cent annually to 1.5 million units in the first quarter of the year, data from Counterpoint shows. Samsung extended its lead to 65 per cent from 51 per cent one year ago, further widening the gap on second-placed Huawei. The market is projected to grow 84 per cent year-on-year and hit 17 million units this year, and further surge to about 30 million in 2023, it said. You have a number of options, but it's best to go to <a href="https://www.samsung.com/global/galaxy/events/unpacked/" target="_blank">Samsung's website</a> or its <a href="https://www.youtube.com/c/Samsung" target="_blank">YouTube channel</a>. In the UAE, the event will be streamed on August 10 at 5pm.