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Huge leak might’ve revealed Samsung’s price for the Galaxy Fold 2

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Ethelyn Bryehttp://cyanosaur.com
Ethelyn Brye is an award-winning author and blogger. Growing up in Switzerland and influenced by renowned Swiss design and a lot of fresh mountain air, she attended and completed design studies in Geneva. Post graduation she moved to Washington State to work for a design firm, but her love of writing brought her to Cyanosaur. She's highly interested in strategy rpgs, mountain climbing, board games with friends and skiing. She lives in Seattle, Washington, with her lovely cat Armstrong.

Samsung has had a tough year when it comes to marketing and selling foldable phones. That’s not because the technology isn’t interesting to consumers, but because the first phone Samsung ever made turned out to be a lot easier to damage than we’d have liked. The Galaxy Fold required several fixes that would prevent screen damage, and Samsung had to delay the phone’s launch by five months. Even so, the handset is extremely fragile, and you do have to pay extra attention when dealing with the screen. These durability issues are all the more annoying considering the Galaxy Fold’s entry price. At $2,000, the Galaxy Fold 2 costs twice as much as the iPhone 11 Pro, one of the best phones you can buy this year. This brings us to a brand new report that says one of Samsung’s two foldable devices next year will sell for less than $1,000, which should help Samsung move more product. Samsung is working on a vertical foldable handset, similar to Motorola’s new Razr handset. That’s something that Samsung has already teased. And it’s the vertical foldable that might cost around $845 in Korea next year, The Korea Herald reports. How will Samsung reduce the entry cost for its foldable handsets by more than 50%? That’s something the report doesn’t say. Motorola’s $1,500 Razr is the cheapest foldable right now, not counting the Pablo Escobar phone, of course, because it packs mid-range specs compared to the Galaxy Fold or Huawei Mate X. 
With that in mind, it seems unlikely for the vertical Galaxy Fold to pack Galaxy S11-grade hardware. Hopefully, the phone’s build quality will be much better than the Galaxy Fold’s. Samsung will also launch a second edition Fold phone, but that model is coming around August. The vertical foldable should drop in February, right alongside the Galaxy S11 series. Samsung, meanwhile, plans to expand the Galaxy Fold rollout to some 60 countries by February. The company has sold some 500,000 units so far, The Herald notes. Samsung plans to increase foldable phone shipments to six million next year, with the help of the cheaper model.
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William English, Computer Mouse Co-Creator, Has Passed

We are saddened to report that William English, co-inventor of the computer mouse, died July 26 in San Rafael, California. He was 91 years old. Bill at the controls at Stanford Research Institute. Image via MSNEvery piece of technology starts with a vision, a vague notion of how a thing could or should be. The…

Apple Buys Startup to Challenge Square in Mobile Payments

Special Report: You Could Lose or Make a Fortune Mobeewave's technology could transform every iPhone into a mobile payment terminal. Apple (NASDAQ:AAPL) has reportedly acquired a Canadian start-up with technology that could be used to turn every iPhone into a contactless payment acceptance device, directly challenging Square (NYSE:SQ), which is the leading provider of mobile…

Apple To Release The Cheapest MacBook Ever…And Other Small Business Tech News

(AP Photo/Bebeto Matthews) ASSOCIATED PRESS Here are five things in technology that happened this past week and how they affect your business. Did you miss them? 1 — This MacBook could be the cheapest Apple laptop ever, according to a new report. According to newly leaked data, the new Macbook with Apple Silicon will be…

Apple reportedly acquires startup that could turn iPhones into payment terminals

Apple has acquired a startup with technology that could turn iPhones into mobile payment terminals, Bloomberg reported. Montreal-based Mobeewave has tech that requires only an NFC chip to work, allowing users to tap either their smartphone or a credit card to another phone for payment processing. NFC chips have been included in iPhones since the…

Apple acquires startup that turns iPhones into payment terminals, reportedly for $100 million

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