Samsung’s brand-new folding phone was revealed at a tech conference earlier this week and has gadget fans weeping tears of joy.
However, according to a new report, this cutting-edge foldable device is likely to set the bar even higher with its price. One analyst quoted by the Korea Times has suggested that the non-subsidised price of the folding phone when it ships next year could be about 2 million won.
That puts it at around the £1,380 mark and makes it more expensive than the £1,099 entry-level price for Apple’s top-tier iPhone XS Max phone.
There were not many details about the actual workings of the phone when it was unveiled at Samsung’s Developer Conference.
So, there may be some wiggle room on the pricing depending on things like storage space and RAM allocation.
The company has used what it calls ‘Infinity Flex Display’ technology for the foldable device so you can open it from a phone to a tablet and back again without damaging it. Tech sites have made a guess that the screen is a 7.3-inch OLED display when open and 4.5-inch when folded.
‘The foldable display lays the foundation for a new kind of mobile experience,’ said DJ Koh, president and CEO of the IT and mobile communications division at Samsung Electronics when launching the phone.
‘We are excited to work with developers on this new platform to create new value for our customers. We cannot wait to see where the technology and collaboration takes us,’ he said.
Whether or not anyone but the most ardent phone fans will splash out over £1,000 on this phone remains to be seen. The phone, believed to be called either the Galaxy F or the Galaxy X, will likely launch next year as Samsung tries to fend off competition from the likes of Huawei and Apple.