Samsung's new Galaxy Fold 2 is coming in February

South Korean tech giant Samsung is launching another 'foldable smartphone' Galaxy Fold-2 in the market. It is expected that they will launch this phone at MWC in Barcelona in February 2021.

Samsung initially says they will set this phone at $ 5,000.

The Galaxy Fold phone currently on the market is priced at close to $ 2,000. Due to such a price, it is beyond the reach of many, and very few people are reluctant to buy it.

Internal storage of the current Galaxy Fold on the market is 12GB. The company is thinking that they will reduce the internal storage on their new "Galaxy Fold-2", which means they will reduce the price of their phones by 20GB.

By doing so, the company hopes to increase buyers' interest in buying their new "Galaxy Fold-2".