Samsung's Galaxy S22 Ultra has a better camera and a more durable design, but the new Galaxy Fold 4 has a better chipset and a bigger screen. I see the two phones as filling very different niches, but I expect some people may end up comparison shopping between the two. I think either phone can be a good choice, but it really depends on what you need — the Fold 4 is better for multitasking or if you want a really big screen, but the Galaxy S 22 Ultra is better for basically everyone else.