Samsung says it will soon decide the fate of its $2,000 folding phone

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Samsung says it will soon decide the fate of its $2,000 folding phone
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Samsung's mobile chief Koh Dong-Jin said that a decision on the new launch date for the Galaxy Fold will be decided in the coming days.

Samsung will soon decide when to launch the company's first foldable phone, the Korea Herald said Thursday.

A Samsung spokesperson told CNBC that the company will announce a new release date in the"coming weeks," however, suggesting Samsung's decision won't be made immediately public.

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