According to analysts in Korea, Samsung’s foldable Galaxy X smartphone could cost as much as $2,000 when it launches in 2019. Korea Times reports that key analysts from Shinhan Financial and Golden Bridge Investment believe that parts suppliers will start initial production aimed at a 2019 launch of the product, and that it will cost around 2 million Won (around $1,850 or approximately Rs 124,000). That’s a lot of money.
Currently, one of the most expensive mainstream smartphones available in India is the Apple iPhone X, which retails at around Rs 100,000. Samsung‘s innovative and game-changing smartphone could eclipse that figure, and go over it by at least Rs 20,000 in India, making it a top-end product meant only for the absolute premium-level user. In fact, the expected price difference between the Samsung Galaxy X and the Apple iPhone X could buy you an entire smartphone such as the excellent Xiaomi Redmi Note 5 Pro.
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This is obviously because new technology does not come cheap, and the cost of producing foldable screens will be expectedly high in the initial years. This has typically been the way new technology has been received over the years; revolutionary and first-of-its-kind products usually command a price premium. The analysts further suggest that the phone could come with an OLED screen that is 7.3 inches across when open, and 4.5 inches when closed. Other specifications aren’t clear for now, but it’s safe to say it will be a flagship smartphone through and through.
The phone could be officially revealed at Mobile World Congress in Barcelona in February 2019, with sales kicking off in March or April. The idea of foldable smartphones has been explored already, with the ZTE Axon M being a notable example. However, the foldable aspect of that phone depends on a hinge, and two separate screens. Samsung’s phone will have a truly folding screen, and will presumably be more sophisticated in its design and finishing.