Samsung foldable smartphone's price gets leaked ahead of the launch

New Delhi, Nov 25 Samsung Electronics Co plans to launch its first foldable smartphone in March, along with a fifth-generation (5G) network-powered Galaxy S10, industry sources.

According to the sources, the South Korean tech giant plans to unveil the flagship Galaxy S10 smartphone in February, followed by the presumed foldable Galaxy F and another edition of the Galaxy S10 that runs on the 5G network in March, Yonhap news agency reported.

According to a report from Gizmodo UK that claims that Samsung’s unnamed foldable phone was recently teased at the company’s event, will cost between £1,500 which is approximately Rs 1,35,896 and £2,000 which calculates to Rs 1,81,195. If compared this price is way higher than the iPhone XS Max, which costs $1,449 which calculates to Rs 1,02,379. The report also claims that Samsung's foldable phone will come in multiple variants while the top model will exceed the £2,000 mark. 

Whenever the company plans to launch this foldable smartphone next year, it will definitely come at a jaw-dropping price. 

The outlook came after Samsung Electronics President Koh Dong-jin, who heads the mobile business, said last week that the company will release a foldable smartphone within the first half of 2019. 

Koh said the shipment volume of the foldable smartphone will be at least 1 million.Industry watchers said Samsung is expected to showcase the upcoming foldable smartphone in the Mobile World Congress in February, ahead of the official launch in the following month.The much-awaited foldable smartphone, however, is not expected to support the 5G network.Samsung said the upcoming foldable smartphone will fold inward and will sport a 7.4-inch screen when unfolded and have a 4.6-inch display like a regular smartphone when folded.

With IANS Inputs