Samsung’s foldable phone will be insanely expensive, report says

If you’re excited about the prospect of buying a smartphone that folds, better start saving now. 

According to a report from Yonhap News Agency (via The Verge), Samsung’s foldable phone, recently teased at a company event, will cost around 2 million won or $1,770. 

That price is a fair bit higher even than the price of the most expensive iPhone XS Max variant you can buy, which costs $1,449. 

The report claims Samsung’s phone will be called Galaxy F and should arrive in March 2019, shortly after the February launch of the Galaxy S10. Samsung’s head of mobile DJ Koh previously said the phone should arrive in the first part of 2019. 

The Galaxy F will have a 7.4-inch screen when unfolded, and an additional 4.6-inch screen when folded, and — unlike the Galaxy S10 — will not support 5G connectivity, according to the report. 

The device Samsung had shown at its November event was partially hidden from view, and nearly no specs were revealed. We did, however, found out that Google is working to make Android play nice with foldable phones, which will apparently be a thing next year. A few weeks ago, Chinese company Royole unveiled its own version of the foldable phone, which should arrive in December, and Huawei is also expected to launch a similar device next year.