'Samsung's foldable phone set for launch'

Samsung is expected to launch its next-gen Galaxy Fold along with Galaxy S11 or S20 on February 11 at an event in San Francisco and now a new report claims that the next foldable is going to be called Galaxy Bloom.

Samsung apparently showcased the device to partners and carriers at a secret meeting held at CES 2020 in Las Vegas. During the meeting, Samsung revealed that its upcoming foldable phone will be called the Galaxy Bloom, news portal androidcentral.com reported recently. 

The device will be able to record 8K video, and a 5G version will be released in South Korea.

Famed leakster Ice Universe had earlier claimed that the upcoming fold may have an "ultra-thin glass display" instead of plastic.

The South Korean tech giant had also applied for trademarks in Europe for Samsung Ultra Thin Glass or UTG and according to sources, this will be the material used for its next foldable.

The upcoming foldable phone is expected to cost around $1,000. 

The current Galaxy Fold handset is priced at nearly $2,000 which is not an amount most people are willing to pay and is not accessible to a larger segment of the population. 

Additionally, tipster Ice Universe (@UniverseIce) recently shared a tweet saying that instead of opting for S11e, S11 and S11+ nomenclature, the company would opt for S20, S20+ and S20 Ultra naming for its flagship series. This means that Galaxy S20 will succeed S10e and S20+ will succeed S10. 

In terms of specifications, the upcoming smartphones will use an Exynos 990 in some markets and a Snapdragon 865 in the majority of markets.

The base variant, that is, Galaxy S20 is expected to feature a 6.2-inch screen, S20+ is expected to sport a 6.7-inch screen.

Meanwhile, the top variant Galaxy 20 Ultra is likely to come with a 6.9-inch screen.