Samsung is expected to launch two new foldable smartphones in the second half of the year. An affordable foldable handset model is expected to hit the market next year, industry insiders said on Sunday. Samsung is expected to present the Galaxy Fold 2 and the 5G variant of the Galaxy Z Flip together with its flagship phablet Galaxy Note 20 at an event in August, the news agency Yonhap reported, citing the industry sources. But his affordable foldable smartphone, probably called the Galaxy Fold Lite, is unlikely to make its debut at the event, they said.

The South Korean technology giant was said to have released a version of its foldable smartphone that costs almost half the price of a normal Galaxy Fold. Technical experts have predicted that the Galaxy Fold 2 will have a 7.7-inch screen and a 6.23-inch cover display when unfolded, both of which are larger than the 7.3-inch or 4.6-inch displays of the predecessor. Samsung is expected to use ultra-thin glass (UTG) for the Galaxy Fold 2, as well as for the Galaxy Z Flip. However, many predicted that the second generation Galaxy Fold is unlikely to be equipped with the S-Pen.

According to sources, the 5G variant of the Galaxy Z Flip is unlikely to have any significant changes in the technical data compared to the first model. The launch of the new foldable smartphones by Samsung will take place in the tough competition from Huawei and Microsoft. Chinese company Huawei is reportedly planning to release its Mate X2, while Microsoft plans to launch the Surface Duo in the third quarter of the year.