The Samsung Galaxy Fold was one of the most fascinating and innovative smartphones of 2019, but it was also one of the costliest – it seems as if the Samsung Galaxy Fold 2 could address that issue though, as it’s apparently going to be much, much more pocket friendly.
As mentioned in a report from the Korean Herald, that guesses the anticipated foldable phone will cost 1,000,000KRW (Korean Won), or about £640/$837/ AU$1,1230 upon release, and the Herald goes beyond to suggest the launch will be at MWC 2020 in February.
For some circumstance, the original Galaxy Fold cost £1,900 / $1,980 /AU$2,999 upon release, so even accounting for minor pricing variation between regions, it seems likely the Samsung Galaxy Fold 2 could charge half the price of its predecessor.
Same price as the Galaxy S11?
That’s amazing news for people who want to have a folding phone, as the recent ‘affordable’ bending device, the Motorola Razr, costs €1599/$1,500 (around £1,350, AU$2,000), so it’s not that inexpensive.
The revealed Galaxy Fold 2 price would see it price around the same as the Galaxy S10 did at launch, and it would make the foldable phone less cheaper than Galaxy S10 5G which was introduced in South Korea for 1.39 million Won in August 2019.
This price could make some confusion, as we’d expect the upcoming Galaxy S11 to also sport a similar price tag – which would see the Galaxy Fold 2 possibly directly contest for sales.
Keeping this in consideration, we’d take this latest story with a pinch of salt, as foldable technology is yet expensive, and only if Samsung is planning to significantly reduce the feature set (such as using a smaller screen, reducing the camera capabilities or including a previous-gen chipset) on the Galaxy Fold 2, we’d be amazed if its price dropped this low.
If this report is true, it may mean regret for those who splurged on the Galaxy Fold, as they could have captured a more affordable device by lingering a few months.
Optimistically we’ll find out more at MWC 2020 in February, where the Korean Herald posts the new foldable phone will be introduced. We will be on the ground at the event, and we’ll also be bringing on all the new rumors about the device, so keep checking for all you need to know.