It’s been more than a rumor going on for quite a while now about Samsung’s plan to launch a foldable phone. Although it’s like the rumor is getting near reality if we’re to take the words of Samsung Mobile’s CEO Dj Khoh during the Samsung Galaxy A9 launch event on Thursday where he made mention of the foldable phone.

According to SamMobile, Koh made some comments specifically about foldable phones, which is the closest we’ve come to confirmation from the Korean firm:

“When we deliver a foldable phone, it has to be really meaningful to our customer” – note when, not if they deliver one – “If the user experience is not up to my standard, I don’t want to deliver those kinds of products.”

Koh went on to comment on the potential audience for the device:

“I’m positive that we do need a foldable phone. Possibly when we start selling the foldable phone, it may be a niche market, but definitely, it will expand.”

Now with so many concept designs and illustrations all over the internet, we’ve gotten an hint about the look and feel of the device to be a normal looking phone at first but when opened up becomes something like a Nintendo DS with smaller screen on the outside and then a massive foldable screen on the inside. In short a phone that can transform to become a tablet when opened up. That’s a really nice concept from Samsung if they make it live. Koh even brags everyone would want something of such caliber. Who wouldn’t anyway?

You might wonder whether Koh thinks people aren’t interested in the possibilities of fold-out devices, or – more likely – the foldable phone is going to be really expensive. It’s a similar situation to VR: everyone’s interested in the exciting possibilities of virtual worlds, but not many people want to stump up the cash for a top-end gaming PC and a headset system.

Either way, what we held much onto was Koh’s last comment “But definitely, it will expand.” That could mean as the technology becomes more saturated, more people will be able to afford it and then everybody is happy with their foldable device. And mind you, other companies (competitors) will venture into this and then try to beat Samsung off the innovation.

The first desktop PCs cost two grand, now you can pick up a laptop for a few hundred quid. So from these tiny kernels of info, we’re extrapolating that the Samsung foldable phone will be over £1k at first (not unlikely considering some top-end phones are £800ish now), but the price will come down over time and the format will become the new normal.

This could be a great achievement in the tech world but let’s wait and see how far it can go as it’s going to be an improved technology that is changing everything we call mobile tech.