Samsung Folding Phone Is Different—But Costs Almost $2,000

DJ Koh, President and CEO of IT and Mobile Communications, holds up the new Samsung Galaxy Fold smartphone during an event in San Francisco on Feb. 20, 2019 Eric Risberg/AP

SAN FRANCISCO (AP)—Samsung unveiled a highly anticipated smartphone with a foldable screen in an attempt to break the innovation funk that has beset the smartphone market.

But it’s far from clear that consumers will embrace a device that retails for almost $2,000, or that it will provide the creative catalyst the smartphone market needs.