Technology

VinFast Reports Fourth Quarter and Full Year 2024 Financial Results

Published

1 year ago

April 24, 2025

SINGAPORE, April 24, 2025 /PRNewswire/ — VinFast Auto Ltd. (“VinFast” or the “Company”) (Nasdaq: VFS), a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024.

Impressive Revenue Growth Driven by Strong Vehicle Deliveries

EV deliveries were 53,139 in the fourth quarter of 2024, representing an increase of 143% from the third quarter of 2024.

VinFast experienced robust growth in its business-to-consumer (B2C) sales, marking a 140% increase quarter-over-quarter and a remarkable over 20-fold increase year-over-year.

For the full year 2024, EV deliveries were 97,399, representing an increase of approximately 192% from 2023, underscoring strong growth momentum and positive market reception.

E-scooter deliveries were 31,170 in the fourth quarter of 2024, representing an increase of 65% from the third quarter of 2024. For the full year 2024, e-scooter deliveries were 70,977, representing an increase of approximately 1% from 2023.

Total revenues were VND16,496.4 billion (US$677.9 million) in the fourth quarter of 2024, representing an increase of 69.8% from the fourth quarter of 2023 and an increase of 33.8% from the third quarter of 2024.

Total revenues were VND44,019.6 billion (US$1,808.9 million) in 2024, representing an increase of 57.9% from 2023.

Gross loss was VND25,277.6 billion (US$1,038.7 million) for the full year 2024, gross margin was negative (57.4%). Net loss was VND77,354.9 billion (US$3,178.8 million).

The decrease of gross margin over the fourth quarter of 2023 and the third quarter of 2024 was primarily driven by the recognition of a one-time free charging program fee as a reduction from revenue in the estimated amount of VND5,900 billion (USD$242.5 million) contributed by VinFast’s Founder and CEO, Vingroup’s Chairman, Mr. Pham Nhat Vuong.

With a strategic vision and a strong aspiration to shape a green future globally, Vingroup and Mr. Pham Nhat Vuong remain steadfast in their mission to make electrified mobility more accessible to everyone, striving towards a “zero-emission” transportation landscape.

Demonstrating astrong commitment to VinFast’s expansion, Mr. Pham Nhat Vuong has disbursed VND10 trillion (US$410.9 million) in non-refundable grants as of March 31, 2025.

This is part of his pledge, outlined in the grant agreement dated November 12, 2024, to provide up to VND50 trillion (US$2.1 billion) to the Company and its subsidiaries.

As of March 31, 2025, Vingroup had also disbursed over VND27 trillion in loans to VinFast. Late last year, the conglomerate committed to providing VinFast with new loans totaling up to VND35 trillion to support its continued growth momentum.

Madam Thuy Le, Chairwoman of VinFast, said: “VinFast had an outstanding Q4 and full year 2024, reflecting the Company’s ability to navigate a dynamic and often challenging market environment. These results highlight our continued growth and the broader momentum behind the transition to electric vehicles. As we look ahead to 2025, we remain focused on building greater products, investing in innovation, and ensuring that customers get high quality affordable EVs. We are keeping our 2025 guidance, and our sales plan is built with flexibility in mind as we continue to monitor the evolving macro landscape.”

Ms. Lan Anh Nguyen, Chief Financial Officer of VinFast, added: “VinFast concluded 2024 with solid momentum, setting the foundation for sustained volume growth in 2025—an important milestone on our path toward profitability. As a young and innovative company, we remain committed to investing in R&D and capital expenditure to build better-quality, better-performance electric vehicles to our customers. These investments will be strategically balanced by continued efficiencies across other areas of the business thanks to top line growth and further cost savings.”

Global Footprint Grows as Vietnam Leadership Solidifies

VinFast is actively pursuing expansion in promising markets and optimizing performance in its key focus markets.

Indonesia: Following initial deliveries of the VF e34s and VF 5s in 2024, VinFast continues to penetrate the Indonesian market with the fourth shipment departing in early March, consisting of nearly 2,500 vehicles including the VF 3, VF 5, VF e34 and Nerio Green. As of March 31, 2025, VinFast has 22 dealer stores in Indonesia.

The Philippines: At the 2025 Manila International Auto Show (MIAS), VinFast launched sales of the VF 6, marking the fifth VinFast model available to Filipinos after the VF 3, VF 5, VF 7 and VF 9.

The Company also announced partnerships with six local dealers to establish over 60 additional dealer stores in the country by end of 2025. As of March 31, 2025, VinFast has 6 dealer stores in the Philippines.

North America: VinFast introduced a dealership model to complement the Company’s D2C approach in the international markets since late 2023, aiming to optimize operations while broadening its distribution network.

To further capture these benefits, VinFast intends to transition to a full dealer franchise model by closing all of its existing D2C showrooms in California, U.S. in the coming months.

As of today, VinFast has already developed a network of 38 operational and to-be-operational dealers in 16 states across the US, including one dealer in California.

Europe: VinFast is initiating plans to develop a widespread dealer network across major cities in Europe, while concurrently strengthening collaborations with reputable after-sales partners throughout the region.

In addition, the Company has launched and started deliveries of the VF 6, its second model introduced in Europe following the VF 8.

In its domestic market of Vietnam, VinFast is further solidifying its position at the forefront of the green mobility transition with the introduction of its all-new “Green” product line. Specifically designed and optimized for transportation services, this range encompasses four models across distinct segments: Minio Green (minicar), Herio Green (A-SUV), Nerio Green (C-SUV), and Limo Green (MPV) with starting MSRP ranges from VND269 million (approx. US$11,100) to VND749 million (approx. US$30,800).

Deliveries are expected to start in the second quarter of 2025 for the Herio Green and Nerio Green, with Minio Green and Limo Green following in August this year.

Business Outlook

Building on a foundation of steady growth and established fundamentals, VinFast has set a target of at least doubling its global vehicle deliveries in 2025. The Company intends to maintain a flexible approach to its business strategy and objectives, continuously evaluating market dynamics and macroeconomic conditions, while remaining steadfast in its vision to advance the global transition to sustainable mobility.

Throughout 2025, VinFast will continue to explore opportunities to increase its market presence. Simultaneously, the Company is focused on further enhancing its capabilities and optimizing operations spanning production, assembly, sales, and distribution to effectively meet the accelerating global demand for green transportation.

Conference Call

VinFast management will hold a live webcast to discuss the Company’s business performance and strategy. Details for the call are below:

Language: English

What: VinFast Q4 2024 Financial Results and Q&A Webcast

Date: 24 April 2025

Time: 08:00 Eastern Standard Time

Live Webcast: https://edge.media-server.com/mmc/p/czdght4i

A replay of the webcast will also be made available on the Company’s website.

For additional information, please visit http://ir.vinfastauto.us.

Investor Relations Email: ir@vinfastauto.com

Media Relations Email: info@vinfastauto.com

Industry and Market Data

This press release contains market and industry data obtained from third-party sources and industry reports, publications, websites, and other publicly available information, including but not limited to information regarding the Company’s market position and its performance compared to historical performance of other industry players. VinFast has not independently verified such third-party information, and makes no representation as to the accuracy of such third-party information. While the Company believes that the market and industry data and related statements presented in this press release are accurate, there can be no assurance as to the accuracy or completeness of such data or statements. The Company does not undertake to update or revise such data or statements. Industry and market data are subject to variations and cannot be verified due to limitations on the availability and reliability of data inputs, the nature of third-party data-gathering processes and other inherent limitations and uncertainties.

Forward Looking Statements

Forward-looking statements contained herein, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1955. These statements include statements regarding our future results of operations and financial position, planned products and services, business strategy and plans, objectives of management for future operations of VinFast, market size and growth opportunities, competitive position and technological and market trends and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the risk that the Company’s securities may experience a material price decline and volatility in the price of such securities due to a variety of factors, (ii) the adverse impact of any legal proceedings and regulatory inquiries and investigations on the Company’s business, (iii) risks associated with the Company’s limited operating history, (iv) the ability of the Company to achieve profitability, positive cash flows from operating activities, and a net working capital surplus, (v) the ability of the Company to fund its capital requirements through additional debt and equity financing under commercially reasonable terms and the risk of shareholding dilution as a result of additional capital raising, if applicable, (vi) risks associated with being a new entrant in the EV industry, (vii) the risks of the Company’s brand, reputation, public credibility, and consumer confidence in its business being harmed by negative publicity, (viii) the Company’s ability to successfully introduce and market new products and services, (ix) competition in the automotive industry, (x) the Company’s ability to adequately control the costs associated with its operations, (xi) the ability of the Company to obtain components and raw materials according to schedule at acceptable prices, quality, and volumes acceptable from its suppliers, (xii) the Company’s ability to maintain relationships with existing suppliers who are critical and necessary to the output and production of its vehicles and to create relationships with new suppliers, (xiii) the Company’s ability to establish manufacturing facilities outside of Vietnam and expand capacity in a timely manner and within budget, (xiv) the risk that the Company’s actual vehicle sales and revenue could differ materially from expected levels based on the number of reservations received, (xv) the demand for, and consumers’ willingness to adopt, EVs, (xvi) the availability and accessibility of EV charging stations or related infrastructure, (xvii) the unavailability, reduction, or elimination of government and economic incentives or government policies which are favorable for EV manufacturers and buyers, (xviii) failure to maintain an effective system of internal control over financial reporting and to accurately and timely report the Company’s financial condition, results of operations, or cash flows, (xix) the risk of battery pack failures in the Company or its competitor’s EVs, (xx) risks related to the failure of the Company’s business partners to deliver their services, (xxi) errors, bugs, vulnerabilities, design defects, or other issues related to technology used or involved in the Company’s EVs or operations, (xxii) the risk that the Company’s research and development efforts may not yield expected results, (xxiii) risks associated with autonomous driving technologies, (xxiv) product recalls that the Company may be required to make, (xxv) the ability of the Company’s controlling shareholder to control and exert significant influence on the Company, (xxvi) the Company’s reliance on financial and other support from Vingroup and its affiliates and the close association between the Company and Vingroup and its affiliates, (xxvii) conflicts of interests with or any events impacting the reputation of Vingroup affiliates or unfavorable market conditions or adverse business operations of Vingroup and Vingroup affiliates, and (xxviii) other risks discussed in our reports filed or furnished to the SEC.

All forward-looking statements attributable to us or people acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above. You are cautioned not to place undue reliance on any forward-looking statements, which are made only as of the date hereof. VinFast does not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions, or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If VinFast updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. The inclusion of any statement herein does not constitute an admission by VinFast or any other person that the events or circumstances described in such statement are material. Undue reliance should not be placed upon the forward-looking statements.

Exchange Rates

This announcement contains translations of certain Vietnam Dong amounts into U.S. dollars at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from Vietnam Dong to U.S. dollars were made at the rate of VND24,335 to US$1.00, representing the central exchange rate quoted by the State Bank of Vietnam Operations Centre as of December 31, 2024. The Company makes no representation that the Vietnam Dong or U.S. dollars amounts referred could be converted into U.S. dollars or Vietnam Dong, as the case may be, at any particular rate or at all.

About VinFast Auto Ltd.

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at www.vinfastauto.us

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SOURCE VinFast

Technology

Mixx Technologies Acquires Sophic Silicon Technologies and Announces Manufacturing Collaboration with Kaynes Semicon

Published

36 minutes ago

July 23, 2026

A landmark dual announcement signals India’s emergence as a vertically integrated force in global AI semiconductor infrastructure, spanning design to deployment

BENGALURU, India, July 23, 2026 /PRNewswire/ — Mixx Technologies, Inc., a US based venture-backed deep-tech company building the interconnect layer for hyperscale AI infrastructure, today announced two simultaneous strategic moves that together mark a defining moment in India’s semiconductor journey. First, the acquisition of Sophic Silicon Technologies, a Bengaluru-based semiconductor IP design firm, beneficiary of India’s DLI and whose analog mixed-signal design expertise is now integral to Mixx’s co-packaged optics platform. Second, a manufacturing collaboration with Kaynes Semicon Private Limited, an Outsourced Semiconductor Assembly and Test (OSAT) specialist and beneficiary of India’s Production Linked Incentive (PLI) scheme, to establish a test and assembly facility that will support Mixx’s optical IC packaging roadmap. Taken together, the two announcements represent the first time an international deep-tech company has anchored both the design and manufacturing layers of a next-generation AI silicon platform in India, turning the country’s policy ambition into commercial reality.

The Acquisition: Completing the Full-Stack Foundation for Co-Packaged Optics
Every major cloud provider is deploying GPUs at a pace and scale that would have seemed implausible three years ago. But raw compute density is only half the equation. The harder problem is making sure those GPUs are working to its full potential and not waiting. In large AI clusters, accelerators spend a significant fraction of their time stalled on data waiting to move between chips fast enough to keep compute fed. The interconnect, not the GPU itself, is increasingly the binding constraint on utilization. And utilization directly determines the cost of a token and the energy burned to produce it. For hyperscalers running inference at billions of queries a day, the economics are unforgiving: every percentage point of GPU idle time is waste at scale. Introducing optics to declutter the data path improves efficiency. Co-packaged optics (CPO), the most effective solution to the interconnect bottleneck, integrates photonic engines directly alongside ASICs and accelerators, moving data at optical speeds and at a fraction of the power of conventional electrical interconnects. It unlocks the bandwidth density required to keep GPUs utilized efficiently and sustainably, bringing down both the cost of a token and the energy consumed to produce it.

The industry is focused, the demand is now, and Mixx is ready for real-world deployments.

Delivering CPO at hyperscale, however, requires precision across the full electronic-photonic stack; the hardest layer to design is the analog mixed-signal interface between the photonics and the digital system. That is precisely what Sophic Silicon Technologies has designed using advanced CMOS process nodes. Their IP now forms the electronic IC foundation of Mixx’s HBxIO™ platform – a multi-terabit, ultra-high-radix optical interconnect architecture purpose-built for large-scale AI inference and training. The acquisition brings Sophic Silicon’s full team and IP portfolio into Mixx, effective immediately.

“Our vision has always been to build the complete electronic-photonic stack. Sophic Silicon brings critical analog mixed-signal expertise that reinforces HBxIO and moves us closer to deploying optical connectivity at hyperscale.”

— Vivek Raghuraman, CEO, Mixx Technologies

Sophic Silicon’s founders and core engineers, with backgrounds spanning advanced CMOS process design, EDA and IP development, and high-speed networking, will join Mixx’s core product development organization and continue expanding R&D operations in India.

“Sophic Silicon exists because optical connectivity at hyperscale demands more – lower power, higher bandwidth, seamless multi-protocol integration, and latency that lets networks perform at their absolute best. Mixx gives us the platform, the ecosystem, and the global reach to take that work where it was always meant to go. What we built in Bengaluru is now part of the infrastructure that the world’s largest computing deployments will run on.”

— Deepak Pancholi, Founder, Sophic Silicon Technologies

The Collaboration: From Design to Deployment with Kaynes Semicon
Designing world-class semiconductor IP in India is a milestone. Manufacturing and testing it there is a transformation. Mixx Technologies’ collaboration with Kaynes Semicon Private Limited, a leading Indian OSAT provider and PLI beneficiary, is precisely that second step.

The collaboration brings together Kaynes Semicon’s advanced OSAT capabilities and Mixx’s optical IC design expertise to build a dedicated test and assembly capability for next-generation optical integrated circuits. Kaynes Semicon brings deep process knowledge in semiconductor assembly, packaging, and test, backed by the capital investment and institutional credibility of a PLI-supported program. For Mixx, the partnership creates a tightly integrated domestic manufacturing pathway for components of the HBxIO™ platform, enabling faster development cycles, closer collaboration between design and production teams, and the kind of end-to-end control that is essential when pushing the limits of optical IC performance.

“This multi-year collaboration with Mixx Technologies is a strong signal of where India’s semiconductor manufacturing ecosystem is headed. We have built the infrastructure and the process depth to support advanced optical IC packaging. Working with Mixx brings a world-class design partner into that ecosystem, demonstrating that PLI-backed Indian manufacturers can play at the leading edge of the global AI hardware supply chain.”

— Raghu Panicker, CEO, Kaynes Semicon Private Limited

From India, for the World: A New Model for Semiconductor Globalization
Mixx Technologies has maintained R&D operations in India since its founding, alongside its San Jose headquarters and Taiwan facilities. The acquisition of Sophic Silicon deepens that presence significantly, embedding a team with leading-edge analog mixed-signal and photonics design experience into Mixx’s core product organization. The collaboration with Kaynes Semicon adds a manufacturing dimension: for the first time, a next-generation optical interconnect platform will have both its design and its assembly and test operations anchored in India. This is not an offshoring story. It is a story about India becoming a primary node in the global AI semiconductor value chain, with design, manufacturing, and IP origination happening here, at global scale.

“Mixx Technologies is committed to developing next-generation silicon photonics IP and system designs in India, contributing to the country’s ambition of becoming a global hub for semiconductor design and advanced manufacturing. The talent here is exceptional. The policy environment has matured to support it. And today’s announcements are what happens when both come together.”

— Vivek Raghuraman, CEO, Mixx Technologies

The Road Ahead: Building the AI Interconnect Layer, in India
Sophic Silicon’s mixed-signal IPs is now being integrated across the HBxIO™ platform stack. Mixx is actively engaged with cloud service providers to qualify the platform across both scale-up and scale-out network, connecting servers and clusters across data center fabric.

The Kaynes Semicon collaboration is underway, focused on qualifying advanced optical IC assembly and test processes that meet the stringent performance and reliability standards hyperscale deployments demand. Mixx continues to expand its India R&D organization, with Bengaluru at the center of its global analog mixed-signal and photonics IC development.

The global AI chip market is projected to exceed $400 billion by 2030. The interconnect layer, tracking how data moves between chips, between accelerators and between clusters, is where the next wave of differentiation will be won. Mixx Technologies is building that layer. And it is building it in India.

About Mixx Technologies
Mixx Technologies, Inc. is venture-backed deep-tech company founded by the team that commercialized many zero-to-one silicon photonics products. The company is solving the data-movement bottleneck for AI compute infrastructure through its HBxIO™ platform, a multi-terabit, ultra-high-radix co-packaged optical interconnect architecture enabling cloud service providers to deploy large-scale AI inference at the speed and efficiency hyperscale demands. Headquartered in San Jose, California, with R&D operations in India and Taiwan. Visit: www.mixxtech.io.

About Sophic Silicon Technologies
Sophic Silicon Technologies is a Bengaluru-based semiconductor IP design firm specializing in analog mixed-signal, wireless and photonics ICs for AI-scale infrastructure. A beneficiary of India’s Design Linked Incentive (DLI) Scheme under the India Semiconductor Mission, the company developed its IP at leading-edge CMOS process nodes to address the electro-optic interface challenges central to co-packaged optics and next-generation AI scale-up interconnects. Sophic Silicon Technologies is now part of Mixx Technologies.

About Kaynes Semicon Private Limited
Kaynes Semicon Private Limited is an Indian OSAT (Outsourced Semiconductor Assembly and Test) company and beneficiary of the Government of India’s Production Linked Incentive (PLI) scheme for semiconductors. With infrastructure and advanced assembly capabilities at its Sanand, Gujarat facility, Kaynes Semicon is building India’s domestic semiconductor manufacturing ecosystem for next-generation packaging and test requirements.

Media Contact
Ramya Barna
Marketing and Investor Relations, Mixx Technologies, Inc
info@mixxtech.io

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Technology

Hydra X Launches HX Gateway API to Advance Institutional Adoption on the Canton Network

Published

36 minutes ago

July 23, 2026

The HX Gateway API supports financial institutions and developers building on Canton, reducing go-to-market timelines by up to 80% and deployment time by 50%.

SINGAPORE, July 23, 2026 /PRNewswire/ — Hydra X, a regulated market infrastructure operator for tokenised capital markets, today announced the launch of HX Gateway API, a REST API layer that supports financial institutions and application developers building on the Canton Network without requiring specialised expertise in Daml, Canton’s underlying programming language.

The API provides a straightforward integration layer that maps directly to familiar business workflows – onboarding participants, issuing and managing assets, and executing transfers. Now, institutions can go from decision to deployment without needing to build infrastructure from the ground up.

Built on Production Experience on the Canton Network

The HX Gateway API is built on Hydra X’s own production experience operating on the Canton Network. The firm has tokenised over US$100 million in assets for institutional clients across multiple regulatory frameworks on Canton through DA Registry – a secure tokenisation solution with regulatory-grade compliance built by Digital Asset, creators of the Canton Network.

That operational depth informed the design of the API, resulting in measurable gains for institutional deployments:

Rapid Go-to-Market: Up to an 80% acceleration in go-to-market timelines.Faster Path-to-Production: A 50% reduction in deployment time.Flexible Integration: Available as a hosted service or as an external deployment for clients with existing validator infrastructure.

“The HX Gateway API was designed to advance institutional adoption on the Canton Network. It is built on the same infrastructure we run in production for regulated clients, and it means that banks, asset managers and exchanges no longer need to treat Canton integration as a specialist engineering project. It is a business decision now, and the timelines reflect that,” said Mark Tang, VP of Client Solutions, Hydra X.

A Broader Shift in Tokenised Capital Markets

The launch marks a broader shift in how regulated financial institutions can engage with the Canton Network. As tokenised capital markets around the world move from pilot programmes to production deployments, the ability to integrate quickly and reliably into shared network infrastructure is becoming a competitive differentiator. The HX Gateway API is designed to meet that moment, providing institutional-grade tooling that significantly accelerates the path from deciding to build on the Canton Network to achieving a live deployment.

About Hydra X

Hydra X is a regulated market infrastructure operator for tokenised capital markets, with live deployments across Asia-Pacific. The firm builds and operates the full lifecycle of digital capital market infrastructure, spanning tokenisation, distribution, trading, custody and settlement. Hydra X serves financial institutions seeking to issue, trade and custodise digital assets on regulated, institutional-grade infrastructure.

www.hydrax.io

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Technology

Unfold Your Passions with a $0 Galaxy on StarHub 5G Unlimited+ Plans

Published

36 minutes ago

July 23, 2026

Pre-order the new Samsung Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8 with StarHub to unlock exclusive perks

SINGAPORE, 23 July 2026 /PRNewswire/ — Your next Galaxy upgrade just got easier. Whether it’s streaming Premier League action on the go, multi-tasking on a larger foldable display or enjoying immersive entertainment, StarHub is making it easier than ever to own Samsung’s latest Galaxy foldables.

From today, customers can pre-order the new Samsung Galaxy Z Fold8 Ultra, Galaxy Z Fold8, and Galaxy Z Flip8 on StarHub’s 5G Unlimited+ Plans, enjoying up to $1,688 in device savings, up to $2,880 in DeviceDollars (over 36 months) to offset interest-free device instalments, bringing the cost of owning Samsung’s latest foldables down to as low as $0.

More Value with Every Upgrade

Designed to make upgrading easier and more rewarding, StarHub’s 5G Unlimited+ Plans combine exclusive pre-order offers with perks, so customers get even more from Samsung’s latest Galaxy foldables:

Up to $2,880 in DeviceDollars (over 36 months) to offset interest-free instalments, with flexible payment options across 12, 24 or 36 monthsUpfront pay later device discounts with 5G Unlimited+ PlansUp to $350 off device for new lines and port-insGuaranteed $300 trade-in bonus on top of device’s base trade-in valueComplimentary Premier League Annual Pass worth $380 with Galaxy Z Fold8 Ultra or Fold8Complimentary storage upgrade to 512GB at the price of 256GB worth $300, with 5G Unlimited+ Plus Plans and aboveComplimentary 3 months SmartSupport (worth $42.78) to lock in the 50% trade-in guarantee on your new Galaxy Z Foldable[1]$38 e-voucher for customers who registered their interestWatch add-on savings of up $250 off Galaxy Watch Ultra2 and $100 off Galaxy Watch9

More Freedom with 5G Unlimited+ Plans

Beyond the device, StarHub’s 5G Unlimited+ Plans include unlimited data, built-in global roaming across 165 destinations, and unlimited calls and SMS, giving customers greater peace of mind whether they’re staying connected at home or travelling overseas.

Pre-Order Details

Customers can pre-order the new Samsung Galaxy Z Series, Galaxy Watch Ultra2 and Galaxy Watch9 on StarHub’s 5G Unlimited+ Plans from 23 July 2026, 9am to 13 August 2026, 11.59pm via the StarHub App and online at starhub.com/samsung. Customers who prefer to pre-order in person can do so at StarHub Shops from 4 August 2026, during operating hours.

The Samsung Galaxy Z Series will be available for walk-in purchase at StarHub shops from 14 August 2026, 11am, and online via the StarHub eShop from 14 August 2026, 12am, while stocks last.

For more information, visit: starhub.com/samsung.

[1] Terms and conditions apply, please refer to starhub.com/samsung

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SOURCE StarHub