Samsung's first foldable smartphone to launch in March

According to industry sources, Samsung plans on launching the first foldable smartphone in March, along with the Galaxy S10 that will feature the fifth-generation (5G) network.

Yonhap news agency reported that Samsung plans on unveiling the Galaxy S10 smartphone in February along with the presumed foldable Galaxy F.

Samsung Electronics President Koh Dong-jin, who heads the mobile business said that the company would release the foldable smartphone within the first half of 2019 and the company will be shipping at least 1 million of the foldable smartphones.

Rumours suggest that Samsung would be showcasing the upcoming foldable smartphone in the Mobile World Congress in February, ahead of the official launch.

The much-awaited foldable smartphone, however, is not expected to support the 5G network.

While the price of the foldable smartphone has not been decided, industry watchers said it may cost around 2 million won ($1,770). The steep price is expected to limit sales.