When the phone launches, it will be available in a very limited quantity - less than 300,000 units.

Last year Huawei stunned the world with the Mate XT, a "tri-fold" smartphone (it folds twice, not three times, by the way). And ever since its introduction we ve been wondering when another smartphone maker would come out with its own tri-fold device.

That, however, may be hard since it s perhaps not unexpectedly rumored to arrive at the highest price a Samsung foldable ever launched for. The Samsung device s screen will be made by Samsung Display. It will allegedly fold in a different way compared to the Huawei Mate XT, and when it s fully folded the folding screen won t be exposed on one side. This aims to improve durability.

The screen size will differ because of the new folding mechanism, and will be "10.5-inch when unfolded on the left side and 12.4-inch when unfolded to the right", machine translation from Korean says. The device will not have an under-display camera.