South Korean technology company Samsung Electronics has unveiled its latest foldable smartphones, the Galaxy Z Fold7 and Galaxy Z Flip7, which come with multimodal artificial intelligence capabilities, as the company aims to grab a bigger slice of the highly competitive smartphone market.

Samsung on Wednesday announced three new foldable phones in its latest push to popularize what the company believes is the future of smartphones.

Samsung says that it plans to release a trifold smartphone by the end of the year, according to a key executive.