Samsung's TriFold Phone Will Cost $2,899 in US and Launch on Jan. 30

Samsung Electronics Co. announced that its Galaxy Z TriFold, the first foldable phone of its kind to ship in the US, will sell for $2,899 and become available Jan. 30.

The price is substantially higher than any other smartphone on the US market. Samsung’s own Galaxy Z Fold 7, which has one fold rather than two, retails for $2,000, as does a fully loaded iPhone 17 Pro Max from Apple Inc. with 2 terabytes of storage.