Samsung’s $1,980 foldable smartphone will test the limits of what consumers will pay

The Fold is meant to lay the groundwork for next-generation foldable handsets that companies like Samsung hope will help spur a second explosion in smartphone sales around the globe.

Samsung USA Galaxy Fold
Samsung USA Galaxy Fold

Samsung finally unveiled its much-hyped foldable smartphone during its Unpacked press conference in San Francisco on Wednesday.

The Galaxy Fold features a 4.6-inch Super AMOLED front screen display that you can use as a normal smartphone. But unfold the device, and you’ll be met with a 7.3-inch Dynamic AMOLED display.

The Fold is meant to lay the groundwork for next-generation foldable handsets that companies like Samsung hope will help spur a second explosion in smartphone sales around the globe. It’s also the perfect example of the kind of risky design and styling that made Samsung the tech giant it is today.

But the Fold is going to cost you a heck of a lot of cash. Starting at $1,980, the Galaxy Fold will test the waters for what consumers are willing to pay for a smartphone.

On sale April 26, the Fold will be available in LTE and 5G models. Samsung says the phones will sport 7-nanometer processors, which will likely be Qualcomm’s Snapdragon 855 here in the U.S. That’s the same processor found in the new Galaxy S10.

Samsung finally unveiled its much-hyped foldable smartphone during its Unpacked press conference in San Francisco on Wednesday. The Galaxy Fold features a 4.6-inch Super AMOLED front screen display that you can use as a normal smartphone. But unfold the device, and you’ll be met with a 7.3-inch Dynamic AMOLED display.

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By Daniel Howley yahoo.com/finance