Seoul: South Korean tech giant Samsung is expected to launch its another foldable smartphone ‘Galaxy Fold 2’ at the MWC in Barcelona by the end of February and may cost around $1,000.

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This price would be interesting and make the foldable device available to all users, news portal GSMArena reported on Tuesday.

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The current Galaxy Fold handset is priced at nearly $2,000 which is not an amount most people are willing to pay and is not accessible to a larger segment of the population.

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The company is planning to use a cheaper design for bringing down its price with just 256GB of internal storage, half of what the current Galaxy Fold offers at 512GB.

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In terms of specifications, the current device features a 7.3-inch primary flexible AMOLED display and a secondary 4.6-inch screen.

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The premium smartphone comes backed by a 7nm Qualcomm Snapdragon 855 octa-core SoC, paired with 12GB of RAM and 512GB storage.

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There are three selfie cameras: One 10MP camera when the device is closed and a dual camera (10MP main sensor and 8MP depth sensor) when you open the device.

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There is a three camera-system at the rear, a 16MP Ultra Wide Camera, a 12MP Wide-angle Camera and a 12MP Telephoto Camera.

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