Seoul: Samsung Electronics Co plans to launch its first foldable smartphone in March, along with a fifth-generation (5G) network-powered Galaxy S10, industry sources said on Monday.


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According to the sources, the South Korean tech giant plans to unveil the flagship Galaxy S10 smartphone in February, followed by the presumed foldable Galaxy F and another edition of the Galaxy S10 that runs on the 5G network in March, Yonhap news agency reported.


The outlook came after Samsung Electronics President Koh Dong-jin, who heads the mobile business, said last week that the company will release a foldable smartphone within the first half of 2019.


Koh said the shipment volume of the foldable smartphone will be at least 1 million.


Industry watchers said Samsung is expected to showcase the upcoming foldable smartphone in the Mobile World Congress in February, ahead of the official launch in the following month.


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.


Samsung said the upcoming foldable smartphone will fold inward and will sport a 7.4-inch screen when unfolded and have a 4.6-inch display like a regular smartphone when folded.