Samsung Unveils a Folding Phone That Costs $1,980

  • Company says phone will come in four colors; ready in April
  • Device marks dramatic shift in type of mass-market smartphone
Samsung Revamps Flagship Phones to Take On Apple
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Samsung Electronics Co. unveiled a $1,980 smartphone with a foldable screen, a dramatic shift in the mass market for phones.

The device has a 4.6-inch screen when used as a phone and can unfold into a tablet with a 7.3-inch screen, Samsung said Wednesday during a demonstration kicking off its Unpacked event in San Francisco. The company said the new phone, called the Galaxy Fold, will be available April 26 and come in four colors: black, blue, silver and green. Users will also be able to customize the color of the folding hinge.