With the Samsung Unpacked 2020 event being just around the corner (5th August 2020), numerous reports and rumors have started surfacing for the Galaxy Z Fold 2 (Galaxy Fold 2 official name according to SamMobile) and Galaxy Z Flip 5G. While a few specs and features have been claimed, a new report has revealed the possible pricing as well.

ETNews reported that the Galaxy Z Fold 2 and Galaxy Z Flip 5G will not feature a significant price difference between last gen models. Rather, the pricing might remain the same if not similar, with the Galaxy Z Fold 2 being priced at 2.4 million KRW (roughly 1,990 US Dollars) and the Galaxy Z Flip 5G arriving at 1.65 million KRW (roughly 1,370 US Dollars).

Samsung-Galaxy-Z-Flip-5G
Galaxy Z Flip 5G

Furthermore, the report also claims that the new Galaxy Z Fold 2 will not be bundled with the company’s truly wireless earbuds in the box. Reportedly, the aforementioned pricing is just temporary and the South Korean tech giant is working internally for the actual pricing and plans on working with telecom operators to finalize other details as well.

Apparently, internal discussion within Samsung had brought up reducing the price for foldable handsets to increase their popularity. Although, the company could not lower the price any further due to the use of advanced processes, expensive components like the UTG (ultra thin glass), and other innovative technologies.

Samsung
Galaxy Fold 2 Concept Renders

So while the newer generation would be an improvement over the predecessors, its unlikely that an affordable smartphone will make it into the market this year. Notably, while the upcoming and current lineup of foldable devices is priced at ultra premium segments, the company will launch cheaper models in 2021, when supplies get more stable.