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Galaxy Fold 2 could cost more than Samsung's first foldable phone

Prepare your wallet for another wave of ~$2,000 foldable phones.

Published onJuly 20, 2020

Samsung Galaxy Fold review art on the bridge
  • The Galaxy Fold 2 could cost slightly more than its predecessor.
  • This suggests lower expected demand due to COVID-19 may not be affecting Samsung’s foldables.
  • The Galaxy Buds Plus might not be bundled with the foldable phone either.

Earlier this month, reports suggested that the Galaxy Note 20 could be priced a little lower than the Galaxy Note 10, at least in South Korea. Now, it seems that the company’s upcoming foldable phones might not see similar treatment.

According to South Korean media outlet ETNews (via SamMobile) the Galaxy Fold 2‘s current store price is pegged at $1,990, ~$10 more expensive than the Galaxy Fold‘s US price.

Samsung was rumored to drop the Galaxy Note 20 price by ~$40 in South Korea as a response to falling demand amid the coronavirus pandemic, but the allure of foldable devices may stave a similar price decrease.

See also: Best Samsung phones you can get: High-end, mid-range, and entry-level models

Rumored sales projections suggest that Samsung’s expecting higher demand for foldables. The Galaxy Fold 2 could sell some six-times more devices annually than its predecessor. The original Fold sold just under 500,000 units in its first year despite its rocky lead up to launch.

More expensive or not, users may not get many goodies with their new foldable. ETNews reports that Samsung won’t bundle a pair of Galaxy Buds Plus with the bendy phone. The first Fold was sold with a pair of Galaxy Buds, still worth ~$108. At least it seems that buyers will be getting a charger with the device.

As for Samsung’s other foldable, the Galaxy Z Flip 5G will reportedly arrive at $1,370, the same price as the original LTE model.

It’s likely that the forthcoming wave of foldables will remain more expensive than Samsung’s traditional flagships, but if you’re holding on for a cheaper foldable, you may just be in luck. ETNews reports that an “economic version” of the Galaxy Fold could launch before the end of the year.

Next: Check out the Samsung Galaxy Note 20 in full 360 degree action

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