Samsung Galaxy Fold 2 price could be much, much cheaper than we expected

Samsung Galaxy Fold
The Samsung Galaxy Fold (Image credit: Aakash Jhaveri)

The original  Samsung Galaxy Fold cost $1,980 / £1,900 / AU$2,999, which made it a startlingly pricey handset even if it was the first widely available foldable phone. If you wanted a phone with a bendable display but were put off by the price, you might be in luck, because a new rumor suggests the Samsung Galaxy Fold 2 could cost less than half what its predecessor did.

This comes from South Korean news site iNews24, which suggests the Galaxy Fold 2 will be available from between 1 million South Korean won (roughly $860, £660, AU$1,250) and 1.5 million won (around $1,290, £990, AU$1,875). If the price is closer  to the lower, regardless of what currency you’re buying it in, it’ll be available for less than half the cost of the original device.

If true, this would be great news for people who were hoping for a more affordable phone, though that could be thanks to reduced specs (the original Galaxy Fold had a slightly-unnecessary six cameras) or perhaps thanks to a smaller form factor.

We’re expecting the Samsung Galaxy Fold 2 (or Galaxy Bloom, or Galaxy Z Flip, as we’ve heard it alternately named) to be a ‘clamshell’ device like an old flip phone, and if the Motorola Razr is any precedent, this form factor denotes a more affordable price point.

It’s not actually clear where iNews24 got its figures from, as the article states the device’s ‘shipping price is reportedly being discussed with mobile operators' [roughly translated], implying but not explicitly stating one of those mobile operators leaked the information to the press.

The article does suggest the Samsung Galaxy Fold 2 will be shown off at Samsung Unpacked alongside the Galaxy S20 series of phones – we’d expected that, but it’s reassuring to hear the idea backed up with this rumor.

Whether the Samsung Galaxy Fold 2 turns out to be the most affordable foldable phone yet with those low prices, a more ‘mid-range’ foldable (but still with a price below anything else like it), or just as pricey as its predecessor, we’ll apparently find out come February 11 at Samsung unpacked. Stay tuned to TechRadar in the mean time for all the leaks, rumors and news on the phonemaker's second big foldable handset.

TOPICS
Tom Bedford
Contributor

Tom Bedford joined TechRadar in early 2019 as a staff writer, and left the team as deputy phones editor in late 2022 to work for entertainment site (and TR sister-site) What To Watch. He continues to contribute on a freelance basis for several sections including phones, audio and fitness.

Latest in Samsung Galaxy Phones
Samsung Galaxy Z Fold 6 in Paris in front of the Louvre pyramid
5 things I want from the Samsung Galaxy Z Fold 7
The Samsung Galaxy S21 series of phones lying face down.
Samsung announces One UI 7 is coming to older phones after all, but the launch is still a mess
The Samsung Galaxy S25 Edge on display the January 22, 2025 Galaxy Unpacked event.
A fresh Samsung Galaxy S25 Edge benchmark leak has eased my worries about its performance
Samsung Galaxy S25 Ultra on blue background with lowest price text overlay
Selling out: Samsung's incredible Galaxy S25 Ultra deal is still up for grabs - get $300 off upfront or a $900 trade rebate
The Samsung Galaxy S25 Edge on display the January 22, 2025 Galaxy Unpacked event.
Leaked Galaxy S25 Edge pricing gives us a clearer idea of how the super-slim phone will fit into Samsung's lineup
Samsung Galaxy Z Flip 6 in blue
The Samsung Galaxy Z Flip SE may launch months after the Galaxy Z Flip 7
Latest in News
Ray-Ban Meta Smart Glasses
Samsung's rumored smart specs may be launching before the end of 2025
Apple iPhone 16 Review
The latest iPhone 18 leak hints at a major chipset upgrade for all four models
Quordle on a smartphone held in a hand
Quordle hints and answers for Monday, March 24 (game #1155)
NYT Strands homescreen on a mobile phone screen, on a light blue background
NYT Strands hints and answers for Monday, March 24 (game #386)
NYT Connections homescreen on a phone, on a purple background
NYT Connections hints and answers for Monday, March 24 (game #652)
Quordle on a smartphone held in a hand
Quordle hints and answers for Sunday, March 23 (game #1154)