Samsung last week showed off its first foldable smartphone and now it's reportedly preparing to release the device in March 2019 for $1,770.
The company demonstrated the Infinity Flex polymer display at its developer conference, revealing a 4.85-inch cover display that folds out to a 7.3-inch main display.
Samsung mobile boss DJ Koh last week said the company will produce over one million units to test consumers' response.
It plans to launch one new foldable series device annually, and will target South Korea and the US first.
While the first foldable doesn't have an official name yet Korea's Yonhap news agency reports that it will be called the Galaxy F.
Industry analysts have estimated the cost of the device to be two million won, which converts to $1,770, making it one of the most expensive phones on the market. The latest figure is in line with previous estimates in the lead-up to last week's unveiling.
SEE: IT pro's guide to the evolution and impact of 5G technology (free PDF)
Samsung is said to be launching its new flagship Galaxy S10 in February, followed by a March timeframe for the Galaxy F launch. Ahead of that, Samsung may reveal more about the foldable at Mobile World Congress in February.
Koh told media last week it will "definitely launch" the foldable in the first half of next year.
Google is also adding support for foldable displays in Android to cater for more foldable devices, including Samsung's.
The Cover Display of the device Samsung is showing developers is 4.85 inches with a 21:9 aspect ratio and a resolution of 840x1,960 pixels, while the 7.3-inch Main Display has a 4.2:3 aspect ratio with 1,536x2,152-pixel resolution.
Samsung will market it as a tablet that fits in consumer's pockets.
Samsung to produce over one million foldable phones
Samsung will make over one million units for its upcoming foldable phone in initial stock and it will be launched within the first half of 2019, the firm's mobile boss says.
Samsung foldable phone: Infinity Flex display specs revealed
Samsung wants its folding phone to have a long battery life.
Samsung to start mass production of foldable Infinity Flex display in the coming months
At the Samsung Developer Conference, the company revealed its new foldable display, teasing what its new foldable device will look like.
Samsung: Our foldable phone will be a tablet that fits in your pocket
Samsung mobile boss DJ Koh is convinced we need a foldable phone.
Samsung adopts a minimalistic design with One UI for Galaxy devices
Samsung is trying to get rid of redundant features and make your phone easier to use with its upcoming One UI update.
Samsung to open Bixby up to developers
As Samsung's "singular commitment to AI," Bixby will transform "from a simple mobile voice assistant to a scalable AI platform," Samsung's Eui-Suk Chung said at the Samsung Developer Conference.
World's first foldable phone? Royole's 7.8in FlexPai tablet folds into dual-screen phone
The FlexPai is rough around the edges but could be the world's first commercially available foldable tablet-phone.
A business laptop with 3 screens? Microsoft patent filing points at multi-screen folding device TechRepublic
A dual-screen device patent recently filed by Microsoft includes a third screen attached to the devices hinge that can display information in a variety of configurations.
Samsung's foldable phone is real and opens into a tablet CNET
The device will use the company's new Infinity Flex Display and be available next year.