We have been hearing for a while now that Samsung has been working on a foldable smartphone. Not to be confused with a flip phone which separates the display from the hinge, this foldable phone means that the entire phone’s display can be folded in half, meaning that users have the option of using it as a smaller device or using it as a larger one.

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It sound interesting, but it could also be pretty pricey. According to a report from The Korea Times, it has been rumored that the foldable phone could cost as much as $2,000 when unsubsidized by carriers. Given that many balked at the $1,000 price tag of the iPhone X, it’s hard to imagine who would want to pay $2,000 for this particular handset.

It should be noted that one of the possible reasons why it could be so pricey is because it has been reported that the handset will be a limited-run model. This means that Samsung is only expected to produce a small number of these phones, which means that they won’t be able to hit mass production prices.

In any case take it with a grain of salt for now, but if you were hoping to check it out, you might have to wait a bit as last we heard, the phone is said to be due for a launch in 2019 as opposed to this year as what other rumors had claimed.

Filed in Cellphones >Rumors. Read more about Samsung.

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