Samsung to make at least 1 million foldable phones

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Samsung Electronics Co. unveils the display and interface of the upcoming foldable smartphone during the developers' conference in the United States on November 7, 2018, in this photo provided by the company.

Koh, president of Samsung's mobile communication business, told reporters after the event that he would launch the device in the first half "no matter what", Yonhap reported on Sunday (Nov 11). It will decide based on the market's response if production is to be ramped up thereafter.

Since it's targeted around the first half of 2019, we are guessing that the foldable smartphone might be released as a special variant of the Galaxy S10. This obviously means that the handset won't arrive before 2019. Koh said the shipment volume of the foldable smartphone will be at least 1 million. Samsung's new foldable phone, which has been called Galaxy X in past reports is using the company's "Infinity Flex" flexible display technology, which allows the tablet-like screen to be folded so that it fits inside the user's pocket.

As price competition continues to heat up, smartphone giants such as Apple and Samsung are facing intense pressure to slash costs. If the price is a direct conversion then other regions could get it for a lot less than the S9, but that's unlikely to be the case. Furthermore, manufacturing the foldable AMOLED panel isn't exactly going to be cheap.

In fact Google has said: "expect to see Foldables coming from several Android manufacturers, including one Samsung previewed today and plans to offer next year". Will you wait for the Galaxy M series?