The much-anticipated smartphone might be priced around Rs 1,60,000.

The phone was officially announced on February 20, 2019.

Samsung Galaxy Fold is not the world’s first foldable smartphone but the technology applied and style is to go a long way.

The phone, which was announced on Wednesday in San Francisco has been named as Galaxy Fold and will soon be available in the markets for a whopping USD 1,980, reported South China Morning Post.

On February 20, Samsung took to its Twitter handle to share the news alongside a clip of the new phone.

“Ten years after the first Galaxy, we didn’t just change the shape of the phone, we changed the shape of tomorrow. #GalaxyFold,” Samsung tweeted.

“Get ready for the dawn of a new era,” said DJ Koh, who oversees Samsung’s
smartphone division. The new phone, according to him, “answers sceptics who said everything has already been done.”

Phones like the Galaxy Fold “are likely sell to a very limited market of technology aficionados who like big screens and have big wallets,” said analyst Ramon Llamas.

The smartphone will release on April 26.

Watch the teaser of the phone if you haven’t already:

Stay tuned for more updates!