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Customers at a Samsung store in Kolkata, India. Photo: Avishek Das/SOPA Images/LightRocket via Getty Images

Samsung said Monday it plans to debut five new devices at its Unpacked event next month.

Why it matters: Samsung remains the main rival to Apple in the high end of the mobile market, but the pandemic may leave fewer people with either the budget or the appetite for a fancy new mobile device.

Between the lines: Roh acknowledges the market has changed, but plays up the value of mobile devices during the pandemic, pointing to technology's role in distance learning, entertainment and fitness at home.

"I consider this new era as the ‘Next Normal’ and technology — especially mobile technology — has a critical role in it. As leaders of the tech industry, we have a special responsibility — and now a true sense of urgency — to help society continue to move forward."
— T.M. Roh

Our thought bubble: Technology is playing a critical part in keeping society moving during the pandemic. But in many developed markets, users' focus right now is on tablets and PCs more than smartphones — a big shift from the last 15 years, when mobile technology has had the most transformative effects.

Yes, but: For billions of people around the world — and a not insignificant number of Americans — the smartphone remains the only computing device they own. Most of them won't be able to afford the high-end devices Samsung is expected to talk about next month.

Go deeper

Why Facebook's cloud gaming won't be coming to your iPhone

Illustration: Sarah Grillo/Axios

Facebook on Monday launched its free cloud gaming platform on desktop and Google's Android mobile operating system but said it it couldn't offer the service on Apple's iOS because of Apple's "arbitrary" policies on applications that act like app stores.

The big picture: It's the latest example of the complex interrelationships among tech's biggest companies, which cooperate with one another in some areas while competing and fighting in others.

1 hour ago - Sports

Unvaccinated athletes face 21-day quarantine at Beijing Olympics

Logos for the 2022 Winter Olympics at Yanqing Ice Festival in February 2021 in Beijing. Photo: Lintao Zhang/Getty Images)

Athletes, staff members and journalists at the 2022 Beijing Olympic and Paralympic Winter Games who have not been vaccinated against the coronavirus will be required to quarantine for three weeks, the International Olympic Committee (IOC) outlined in its newly-published "playbooks."

Why it matters: The quarantine period is longer than the Games themselves, meaning vaccinations or an earlier arrival date will be required to participate in or cover the Games.

Dan Primack, author of Pro Rata
4 hours ago - Economy & Business

FTX CEO predicts more U.S. crypto flight

Photo: "Axios on HBO"

FTX doesn't look much like a company valued at $25 billion. Its new headquarters, located in a sleepy part of The Bahamas, is so nondescript as to not even have a sign. But it does expect to soon have neighbors.

Driving the news: Founder and CEO Sam Bankman-Fried tells "Axios on HBO" to expect "more and more crypto flight from the states" if the U.S. doesn't soon create a regulatory regime for cryptocurrencies.