Samsung’s foldable phone’s price revealed, to be a bit shy of $2000

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Samsung’s foldable phone’s price

Samsung’s foldable phone’s price revealed, to be a bit shy of $2000

The whole smartphone industry has been waiting for Samsung’s foldable phone, debuted the Galaxy X, ever since it was first supposed to launch in 2018. A few decisions to improve its design pushed the release date to 2019, probably at the MWC. A new reveal has surfaced and it has left us in splits.

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Kim Jang-yeol, the head of research at Golden Bridge Investment stipulates the cost of the phone to be around KRW 2 million, which is approximately $1850. This is the predicted cost of the foldable Galaxy X without carrier tie-up, with which it may come down a bit. This price is indicative of Samsung’s nature of venturing into cutting-edge technology without trying to appease the market which tends to focus more on the budget-oriented devices. While the foldable Galaxy X with its rumoured pricing may not be for everyone, it is still a giant step towards the future and will surely bring tons of new innovation to the tech sphere.

samsung-foldable-phone

Reports from The Korea Times paints an optimistic picture about the foldable phone’s release schedule. Citing Park Hyung-woo, an analyst at South Korean bank, The Korea Times reported, “Parts affiliates and first-tier subcontractors will begin supplying parts to Samsung Electronics’ handset division beginning in November, at the earliest, with the company assembling the phone aiming for a launch next year”.

The phone is supposed to have 2 display panels inside folding out to a huge 7.3 inch display, while there’s a 4.5 inch display which becomes active when the phone is folded in. With the release of this Galaxy X, Samsung will be the first company in the world to have released a foldable smartphone.

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Obviously, the price point and various features are speculations and reveal from various experts and news sources, and without an official statement from Samsung, we cannot be a 100% sure. Yet they create a vibrant enough visual for us to know what to expect and has pushed tech giants such as Apple, ZTE, Motorola and Huawei to develop the foldable technology. Maybe 2019 will be a year of futuristic smartphone screen innovation.

Author: Manik Pant.